Maryland § 10-4A-19
Full text of Maryland Maryland Code § 10-4A-19, with citation guidance and answers to common questions.
§ 10-4A-19.
(a) Not later than March 31 of each year, each venture firm and the Financing Authority shall report to the Corporation:
(1) the amount of designated capital remaining uninvested at the end of the preceding calendar year;
(2) all qualified investments made during the preceding calendar year, including the number of employees of each business at the time the qualified investment was made and as of December 31 of that year;
(3) for any qualified investment in which the venture firm or the Financing Authority no longer has a position as of the end of the calendar year, the number of employees of the business as of the date the investment was terminated; and
(4) any other information the Corporation requires to ascertain the impact of the Program on the economy of the State.
(b) Not later than 180 days after the end of its fiscal year, each venture firm shall provide to the Corporation an audited financial statement that includes the opinion of an independent certified public accountant.
(c) Not later than 60 days after the sale or other disposition of a qualified investment, the selling venture firm or the Financing Authority shall provide to the Corporation a report on the amount of the interest sold or disposed of and the consideration received for the sale or disposition.
Frequently Asked Questions About Maryland § 10-4A-19
What does Maryland Code § 10-4A-19 cover?
Section 10-4A-19 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 10-4A-19?
A common citation format is "Maryland Code § 10-4A-19" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 10-4A-19 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.