Maryland Statutes

§ 10-4A-18

Maryland § 10-4A-18
JurisdictionMaryland
Article gecEconomic Development
Title10

This text of Maryland § 10-4A-18 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Md. Code Ann., Economic Development § 10-4A-18 (2026).

Text

(a)A purchaser or affiliate may not directly or indirectly:
(1)manage a venture firm;
(2)beneficially own, through rights, options, convertible interests, or otherwise, more than 15% of the voting securities or other voting ownership interest of a venture firm; or
(3)control the direction of investments for a venture firm.
(b)Subsection (a) of this section applies whether or not the purchaser or affiliate is authorized to do business in the State.

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Bluebook (online)
Maryland § 10-4A-18, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gec/10-4A-18.