Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 24. Department of Commerce |
Subtitle 05. ECONOMIC DEVELOPMENT |
Chapter 24.05.10. Equity Participation Investment Program |
Sec. 24.05.10.06. Eligible Uses
Latest version.
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The proceeds of the equity participation financing may be used for the purposes approved by the Authority, which may include, but are not limited to, working capital, acquisition of inventory, equipment, or real property, construction, renovation, or leasehold improvements.