Maryland § 5-205
Full text of Maryland Maryland Code § 5-205, with citation guidance and answers to common questions.
§ 5-205.
(a) An applicant for a loan under this subtitle shall submit to the Department an application on the form that the Department requires.
(b) The application shall include:
(1) a detailed strategic business plan;
(2) the amount of money required for the activities described in the strategic business plan;
(3) the money available to the applicant without financial assistance from the Department;
(4) the amount of financial assistance requested from the Department;
(5) information relating to the financial status of the applicant, including, if applicable:
(i) a current balance sheet;
(ii) a profit and loss statement; and
(iii) credit references; and
(6) any other relevant information that the Department requests.
Frequently Asked Questions About Maryland § 5-205
What does Maryland Code § 5-205 cover?
Section 5-205 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 § 5-205?
A common citation format is "Maryland Code § 5-205" (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 § 5-205 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.