Section 10-4A-18 - [Renumbered from 10-490] Restrictions on purchaser or affiliate(a) A purchaser or affiliate may not directly or indirectly: (1) manage a venture firm;(2) beneficially own, through rights, options, convertible interests, or otherwise, more than 15% of the voting securities or other voting ownership interest of a venture firm; or(3) control the direction of investments for a venture firm.(b) Subsection (a) of this section applies whether or not the purchaser or affiliate is authorized to do business in the State.Renumbered from § - 10-490by 2020 Md. Laws, Ch. 580, Sec. 1, eff. 10/1/2020.Amended by 2015 Md. Laws, Ch. 141, Sec. 2, eff. 10/1/2015.