The Authority may establish a surety bonding line to issue or guarantee multiple bonds to a principal within preapproved terms, conditions, and limitations.
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