Current as of December 31, 2021 | Updated by FindLaw Staff
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(a) The Department may use money in the Fund to:
(1) provide financial assistance to eligible applicants; and
(2) pay expenses for administrative, actuarial, legal, and technical services for the Fund.
(b) The Department periodically shall review its portfolio in an effort to ensure:
(1) the equitable distribution among the counties of money from the Fund;
(2) adequate funding for Tier I county projects; and
(3) that no particular Tier I county benefits disproportionately from financial assistance to Tier I counties under this subtitle.
Cite this article: FindLaw.com - Maryland Code, Economic Development § 5-314 - last updated December 31, 2021 | https://codes.findlaw.com/md/economic-development/md-code-econ-dev-sect-5-314/
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