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    • Legislation USA
    • Maryland Statutes
    • Economic Development
    • Division II - Independent and Regional Development Units and Resources
    • Title 10 - Statewide Development Resources and Revenue Authorities
    • Subtitle 7 - Maryland Venture Capital Trust

    Maryland Statutes
    Title 10 - Statewide Development Resources and Revenue Authorities
    Subtitle 7 - Maryland Venture Capital Trust

    Section 10-701 - Definitions - (a)    In this subtitle the following words have the meanings...

    Section 10-702 - Legislative Findings; Intent - (a)    The General Assembly finds that:         (1)    small businesses are...

    Section 10-703 - Construction of Subtitle - This subtitle shall be liberally construed to accomplish its purposes.

    Section 10-704 - Established - (a)    There is a Maryland Venture Capital Trust.     (b)    The...

    Section 10-705 - Board of Trustees - (a)    There is a Board of Trustees of the Trust....

    Section 10-706 - Applicability of Other Laws - (a)    The Trust is:         (1)    exempt from the General Procurement...

    Section 10-707 - Powers - (a)    The Trust may:         (1)    solicit and accept for investment...

    Section 10-708 - Preferred Proposals - The Board shall give preference to venture capital fund proposals...

    Section 10-709 - Seed Capital Investments - Seed capital financing may not exceed $1,000,000 for a single...

    Section 10-710 - Liability of State - A debt, claim, obligation, or liability of the Trust is...

    Section 10-711 - Tax Status - The Trust is exempt from taxation by the State and...

    Section 10-712 - Audits - (a)    Each year, an independent auditor approved by the State...

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