(a) Notwithstanding § 10–469(e) and (f) of this article or any other law, the following money shall be payable into the funds under this subtitle:
(1) any recovery of investments made under § 10–469 of this article that were funded by a transfer of money from the funds under this subtitle to the Enterprise Fund, including an investment in MMG Ventures LLP; and
(2) any repayment of a grant made under § 10–469 of this article that was funded by a transfer of money from the funds under this subtitle to the Enterprise Fund.
(b) The Authority shall determine the proportion of the recovery or repayment payable under subsection (a) of this section that shall be deposited into each of the funds under this subtitle.
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