Maryland § 5-455
Full text of Maryland Maryland Code § 5-455, with citation guidance and answers to common questions.
§ 5-455.
(a) To obtain fixed asset financing under this part, an eligible business shall apply to a lender for fixed asset financing.
(b) Fixed asset financing under this part may not exceed $500,000 for an eligible business.
(c) In addition to the information that the lender requires in its standard loan application, the applicant shall provide to the lender, in a form that the Authority prescribes:
(1) a certification, with supporting documentation, that the applicant is an eligible business; and
(2) a description of the number and kinds of jobs to be created or retained as a result of providing the linked deposit.
Frequently Asked Questions About Maryland § 5-455
What does Maryland Code § 5-455 cover?
Section 5-455 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 § 5-455?
A common citation format is "Maryland Code § 5-455" (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 § 5-455 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.