Md. Code Regs. 24.05.07.05
Current through Register Vol. 51, No. 22, November 1, 2024
The proceeds of the financial assistance shall be used for working capital or for machinery or equipment needed to perform a contract. Machinery and equipment may be financed only if the cost of the equipment can be repaid from contract proceeds and if the Authority has entered into an agreement with the applicant necessary to secure the financial assistance.
Md. Code Regs. 24.05.07.05