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Section 5-561 - Definitions — Maryland Law | CourtGPT
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  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 VI - Small Business Surety Bond Program/
  9. Section 5-561 - Definitions
Maryland Legal Code

Section 5-561 - Definitions

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(a) In this part the following words have the meanings indicated. (b) 'Fund' means the Small Business Surety Bond Fund. (c) 'Principal' means a small business entity that has assets, income, or employees that do not exceed limits that the Authority sets by regulation. (d) 'Program' means the Small Business Surety Bond Program.