Maryland Statutes
§ 5-332
Maryland § 5-332
This text of Maryland § 5-332 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 § 5-332 (2026).
Text
(a)A local government shall use a grant under this part:
(1)to provide loans or loan guarantees, or to subsidize the interest rate on loans, for financing economic development projects; or
(2)to provide loans to small businesses.
(b)The Department may require that money from a grant under this part be returned to the Department if the local economic development fund is inactive for more than 2 years after the grant is made.
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Bluebook (online)
Maryland § 5-332, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gec/5-332.