Maryland § 5-313

Full text of Maryland Maryland Code § 5-313, with citation guidance and answers to common questions.

§ 5-313.

    The Fund consists of:

        (1)    money appropriated in the State budget to the Fund;

        (2)    money made available to the Fund through federal programs or private contributions;

        (3)    repayments of principal and interest from loans made from the Fund;

        (4)    proceeds from the sale, disposition, lease, or rental of collateral related to financial assistance provided by the Department under this subtitle;

        (5)    application or other fees paid to the Fund to process requests for financial assistance;

        (6)    recovery of an investment made by the Department in a business, including an arrangement under which part of the investment is recovered through:

            (i)    a requirement that the Department receive a proportion of cash flow, commissions, royalties, or license fees;

            (ii)    the repurchase from the Department of any of its investment interest; or

            (iii)    the sale of an appreciated asset;

        (7)    repayments received from recipients of conditional grants from the Department;

        (8)    money collected under § 9–229 of the Tax – Property Article;

        (9)    repayments on or recoveries from financial assistance provided from the former:

            (i)    Brownfields Revitalization Incentive Fund;

            (ii)    Child Care Facilities Direct Loan Fund;

            (iii)    Child Care Special Loan Fund;

            (iv)    Maryland Industrial and Commercial Redevelopment Fund;

            (v)    Maryland Industrial Land Fund;

            (vi)    Maryland Seafood and Aquaculture Loan Fund; and

            (vii)    Smart Growth Economic Development Infrastructure Fund; and

        (10)    any other money made available to the Fund.

Frequently Asked Questions About Maryland § 5-313

What does Maryland Code § 5-313 cover?

Section 5-313 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 § 5-313?

A common citation format is "Maryland Code § 5-313" (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 § 5-313 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.