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Section 5-438 - Equity Interest — Maryland Law | CourtGPT
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  6. Title 5 - Economic Development and Financial Assistance Programs/
  7. Subtitle 4 - Maryland Industrial Development Financing Authority/
  8. Part IV - Financial Assistance/
  9. Section 5-438 - Equity Interest
Maryland Legal Code

Section 5-438 - Equity Interest

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In conjunction with financial assistance under this subtitle, the Authority may: (1) accept an option to acquire an equity interest in a business enterprise; and (2) exercise, in its sole discretion, the option using money from the Fund.