Maryland § 5-457
Full text of Maryland Maryland Code § 5-457, with citation guidance and answers to common questions.
§ 5-457.
In determining whether to accept a linked deposit loan package, the Authority shall confirm the eligibility of the applicant and consider:
(1) the number and kinds of jobs to be created or retained as a result of providing the linked deposit;
(2) the amount of the loan;
(3) the amount of money in the Fund and the amount committed to linked deposits;
(4) whether the availability of linked deposit financing is essential for the economic feasibility of the acquisition;
(5) the economic needs of the area in which the eligible business is located;
(6) the financial feasibility of the loan; and
(7) other factors that the Authority considers relevant.
Frequently Asked Questions About Maryland § 5-457
What does Maryland Code § 5-457 cover?
Section 5-457 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 § 5-457?
A common citation format is "Maryland Code § 5-457" (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 § 5-457 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.