The Authority may:
(1) prescribe or approve the form of and terms and conditions in applications, guaranty agreements, or any other documents entered into by the Authority, principals, or sureties under the Program;
(2) acquire or take assignments of documents executed, obtained, or delivered in connection with any assistance the Authority provides under the Program;
(3) set and collect premiums, fees, charges, costs, and expenses in connection with any assistance the Authority provides under the Program;
(4) adopt regulations to carry out the Program; and
(5) do anything necessary or convenient to carry out its powers and the purposes of the Program.
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 VI - Small Business Surety Bond Program
Section 5-563 - Status; Investments
Section 5-566 - Powers of Authority -- in General
Section 5-567 - Powers of Authority -- Program
Section 5-568 - Surety -- Authority as Guarantor
Section 5-569 - Surety -- Authority as Surety
Section 5-570 - Economic Impact of Contract
Section 5-571 - Surety Bonding Line Authorized
Section 5-572 - Qualifications of Principal; Bond Requirements