There is a newer version of the Maryland Code
2013 Maryland Code
ECONOMIC DEVELOPMENT
§ 5-438 - Equity interest
MD Econ Dev Code § 5-438 (2013) What's This?
§5-438.
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.
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