Md. Code, Econ. Dev. § 5-1003

Current with changes from the 2024 Legislative Session
Section 5-1003 - Purposes

Loans shall be made under this subtitle for the purposes of:

(1) providing financial support to:
(i) a business owned by a military reservist or National Guard member who is called to active duty; or
(ii) a small business employer of a military reservist or National Guard member who is called to active duty;
(2) making the home, motor vehicle, or place of employment of a veteran accessible to individuals with disabilities, including purchasing equipment necessary to enable a business to employ a service-disabled veteran or to enable a service-disabled veteran to operate a business; and
(3) defraying other necessary expenses, as determined by the Department of Veterans Affairs, incurred by:
(i) a business employing a service-disabled veteran; or
(ii) a veteran-owned small business.

Md. Code, EC § 5-1003

Amended by 2015 Md. Laws, Ch. 390,Sec. 1, eff. 7/1/2015.
Amended by 2013 Md. Laws, Ch. 105,Sec. 1, eff. 10/1/2013.