Legislation

Search OpenLegislation Statutes

This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 1837
Legislative findings
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 8, SUBTITLE 7
§ 1837. Legislative findings. The legislature hereby finds that one of
the major concerns of the existing economy is the limited access to
financing assistance of businesses and services that support or
facilitate employment and economic development, but are not themselves
directly involved in manufacturing or industrial production.

It is the purpose of this subtitle to encourage the development of
community development projects that promote and enhance economic
development by providing loans and loan guarantees at a reasonable cost.