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Section 5-553 - Powers — Maryland Law | CourtGPT
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  6. Title 5 - Economic Development and Financial Assistance Programs/
  7. Subtitle 5 - Maryland Small Business Development Financing Authority/
  8. Part V - Equity Participation Investment Program/
  9. Section 5-553 - Powers
Maryland Legal Code

Section 5-553 - Powers

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The Authority may: (1) provide equity participation financing to help socially or economically disadvantaged individuals in the State create and develop small businesses and acquire existing businesses; (2) buy, hold, and sell qualified securities; (3) prepare, publish, and distribute technical studies, reports, and other materials with or without charge; and (4) provide and pay for advisory services and technical assistance that are necessary or desirable to carry out the Program.