A member of the Authority may not participate in any decision related to the approval of financial assistance if the member has any interest in:
(1) the applicant for the assistance; or
(2) the financial institution seeking a guaranty or an interest subsidy or both.
Structure Maryland Statutes
Division I - Secretary of Commerce and Department of Commerce
Title 5 - Economic Development and Financial Assistance Programs
Subtitle 5 - Maryland Small Business Development Financing Authority
Part II - Maryland Small Business Development Financing Authority
Section 5-508 - Quorum; Meetings; Reimbursement for Expenses; Staff
Section 5-509 - Executive Director
Section 5-510 - Conflicts of Interest
Section 5-511 - Administration of Programs; Contracts; Private Corporation
Section 5-512 - Powers and Duties