Volume 793, Page 3904 View pdf image |
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S.B. 810 VETOES (2) Article 83A, [§§ 5-411, 5-412, and 5-503(c)(2)(iv)] §§ 5-712, 5-713, (d) Notwithstanding the provisions of subsection (a), the Corporation is subject to [5-115.] 5-215. Reserved. [5-116.] 5-216. This subtitle shall be liberally construed to effect its purposes. Subtitle [1A.] 3. Maryland Venture Capital Trust. [5-1A-01.] 5-301. (a) In this section the following words have the meanings indicated. (b) "Participating investors" means any persons or legal entities which invest (c) "Seed capital financing" means financing provided to a business enterprise in (d) "Trust" means the Maryland Venture Capital Trust. (e) "Venture Capital Fund" means an investment fund providing capital to a [5-1A-02.] 5-302. This subtitle shall be liberally construed to effect its purposes. [5-1A-03.] 5-303. (a) The General Assembly finds that: (1) Small businesses are a major source of new jobs and innovations in the (2) The State's research capacity could spur innovation in new and existing (3) An inadequate supply of seed and venture capital has limited the (b) The General Assembly intends that the Maryland Venture Capital Trust shall: (1) Help fill the critical gap in the State's economy caused by the inadequate - 3904 -
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Volume 793, Page 3904 View pdf image |
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