Md. Code, EC§ 5-522

Current with changes from the 2024 Legislative Session

Section 5-522 - Composition

The Fund consists of:

(1) premiums for guaranteeing loans under § 5-525(a) of this subtitle;

(2) premiums for guaranteeing equity investments under § 5-525(b) of this subtitle;

(3) repayments of principal of and interest on direct loans made under § 5-525(c) of this subtitle;

(4) proceeds from the sale, disposition, lease, or rental of collateral for direct loans or loan guaranties made under § 5-525 of this subtitle; and

(5) all other receipts of the Authority under this part.

Md. Code, EC§ 5-522