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Section 5-104 - Specialized Small Business Investment Companies — Maryland Law | CourtGPT
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  8. Section 5-104 - Specialized Small Business Investment Companies
Maryland Legal Code

Section 5-104 - Specialized Small Business Investment Companies

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(a) The Secretary may: (1) invest in a specialized small business investment company created in accordance with the federal Small Business Investment Act of 1958; and (2) to the extent allowed by federal law, do anything necessary or convenient to fully participate in the formation and operation of a specialized small business investment company. (b) Notwithstanding any other law, the Secretary may use money to finance a specialized small business investment company from accounts within: (1) the Enterprise Fund established under Subtitle 6 of this title; and (2) the Maryland Small Business Development Financing Authority established under Subtitle 5 of this title.