SB1008: Economic Development - Small Business Guaranty Fund - Alterations
Legislative Summary
Authorizing the Maryland Small Business Development Financing Authority to authorize the provision of a guaranty under the Small Business Guaranty Fund in the form of an irrevocable letter of credit, an official treasurer's check, funds on deposit in an escrow or other depository account, or any other legal instrument promising a financial institution restitution or reimbursement for its loan losses, within the limits of the guaranty.
Demographic Impact
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Bill History
Amendments
Favorable with Amendments 893221/1 Adopted
Favorable with Amendments 893221/1 Adopted
Roll Call Votes
Status Information
Sponsors
Primary Sponsor
