Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 5-559 - Conversion of Coronavirus Pandemic Financing — Maryland Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maryland/
  4. Economic Development - Division I - Secretary of Commerce and Department of Commerce/
  5. Division I - Secretary of Commerce and Department of Commerce/
  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 5-559 - Conversion of Coronavirus Pandemic Financing
Maryland Legal Code

Section 5-559 - Conversion of Coronavirus Pandemic Financing

Ask AI about this
(a) This section applies to financing provided under the Program during fiscal years 2021 and 2022 for the purpose of relieving the adverse effects of the coronavirus pandemic. (b) The Authority may convert to a grant up to $50,000 of the financing described under subsection (a) of this section that is provided to a small business.