Maryland § 10-708
Full text of Maryland Maryland Code § 10-708, with citation guidance and answers to common questions.
§ 10-708.
The Board shall give preference to venture capital fund proposals that:
(1) provide financing predominately to businesses that conduct a substantial amount of business in the State;
(2) require venture capital funds to match the money invested by the Trust with money invested by private investors on at least a 1 to 3 ratio; and
(3) ensure that a majority of the money that the Trust invests is for seed capital financing in the State.
Frequently Asked Questions About Maryland § 10-708
What does Maryland Code § 10-708 cover?
Section 10-708 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 § 10-708?
A common citation format is "Maryland Code § 10-708" (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 § 10-708 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.