Maryland § 5-1603
Full text of Maryland Maryland Code § 5-1603, with citation guidance and answers to common questions.
§ 5-1603.
(a) In order to qualify for participation in the Program, a new business must meet the criteria in this section.
(b) The business must:
(1) be located in a county that has a comparable support program to reduce office space vacancies in the county;
(2) be:
(i) a home–based start–up enterprise occupying its first commercial space in the county;
(ii) a business relocating from outside the State; or
(iii) a business significantly expanding its operations in the county;
(3) (i) execute a direct lease with the landlord for at least 3 years of not more than 10,000 square feet; or
(ii) obtain an occupancy permit, if sharing office space with another business; and
(4) apply for support from the Program within 90 days after signing the lease or obtaining the occupancy permit.
(c) The Program may exclude from support a business that is relocating from one county to another county within the State.
(d) A grant recipient that fails to fulfill the eligibility and maintenance requirements of the Program or of the county comparable program that supports the recipient may be required to return all or part of the grant to the Program.
Frequently Asked Questions About Maryland § 5-1603
What does Maryland Code § 5-1603 cover?
Section 5-1603 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 § 5-1603?
A common citation format is "Maryland Code § 5-1603" (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 § 5-1603 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.