WILLIAM DONALD SCHAEFER, Governor                        Ch. 6

economic impact of the contract, for which a bond is sought to be
guaranteed, to be substantial.

(2) To determine the economic impact of a contract,
the Authority may consider:

(i) The amount of the [guarantee] GUARANTY
obligation;

(ii) The terms of the bond to be guaranteed;

(iii) The number of new jobs that will be
created by the contract to be bonded; and

(iv) Any other factor that the Authority
considers relevant.

DRAFTER'S NOTE:

Error: Incorrect word usage in § 13-234.3(d) of the
Financial Institutions Article.

Occurred: Ch. 686, Acts of 1987.

13-241.

(b) The Fund consists of:

(1)  Money drawn from the Small Business Development
Guaranty Fund;

(2)  Money appropriated by the State to the Fund;

(3)  Money made available to the Fund through federal
programs or private contributions;

(4)  Income from investments that the State
[Treasurer] TREASURER, on instruction of the Authority, makes
from moneys in the Fund;

(5)  Proceeds from the sale, disposition, lease or
rental by the Authority of collateral related to equity
participation financing provided by the Authority;

(6)  Premiums, fees, royalties, and repayments of
principal, interest and investments paid by and on behalf of
franchise enterprises to the Authority under the terms of equity
participation financing provided by the Authority; and

(7)  Any other moneys made available under this
Program.

DRAFTER'S NOTE:

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