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§ 10-425. Matching funds

West's Annotated Code of MarylandEconomic DevelopmentEffective: October 1, 2020

West's Annotated Code of Maryland
Economic Development (Refs & Annos)
Division II. Independent and Regional Development Units and Resources [Titles 9-End] (Refs & Annos)
Title 10. Statewide Development Resources and Revenue Authorities (Refs & Annos)
Subtitle 4. Maryland Technology Development Corporation (Refs & Annos)
Part II. Maryland Technology Incubator Program (Refs & Annos)
Effective: October 1, 2020
MD Code, Economic Development, § 10-425
§ 10-425. Matching funds
Currentness
In general
(a) A recipient of financial assistance under § 10-423(b)(3) of this subtitle shall provide matching funds or in-kind contributions for the project at least equal to the financial assistance awarded.
Waiver
(b) The Board may waive the requirement of subsection (a) of this section for good cause shown.

Credits

Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008. Amended by Acts 2020, c. 580, § 1, eff. Oct. 1, 2020.
MD Code, Economic Development, § 10-425, MD ECON DEV § 10-425
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document