PARRIS N. GLENDENING, Governor                             Ch. 654

(c)     The State Treasurer shall hold and the State Comptroller shall account for the
Neighborhood Business Development Fund. The Fund shall be invested and reinvested.
Any investment earnings shall be paid into the Fund.

(d)    At any time following the first 8 months of any fiscal year, the Department
may transfer, subject to approval of the Legislative Policy Committee and subject to the
provisions of § 7-209 of the State Finance and Procurement Article, unencumbered
moneys in the Neighborhood Business Development Fund to any other fund established
under [this title] TITLE 2 OF THIS ARTICLE.

[2-1308.] 4-208.

(a)     A person may not knowingly make or cause any false statement or report to be
made in any document required to be furnished to the Department by any agreement
relating to a loan.

(b)     A person applying for financial assistance may not knowingly make or cause
any false statement or report to be made for the purpose of influencing the action of the
Department on an application or for the purpose of influencing any action of the
Department affecting financial assistance already provided.

(c)     Any person who violates any provision of subsection (a) or (b) of this section
is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $50,000 or
imprisonment not exceeding 5 years or both.

[Subtitle 4.] TITLE 12 Community Action Agencies.
[4-401.] 12-101.

(a) In this section the following words have the meanings indicated.

(1)     "Community action agency" means:

(i) A governmental unit in a political subdivision of the State;

(ii) A governmental unit created by a combination of political
subdivisions;

(iii) An agency designated as a community action agency under
relevant provisions of the Economic Opportunity Act of 1964 as amended by the
Community Services Block Grant Program; or

(iv) A private, nonprofit community organization that meets the
requirements for designation as a community action agency.

(2)     "Designation" means the selection of a proposed community action
agency by the governing body of a political subdivision.

(3)     "Governing body" means the county council, board of commissioners, or
other legislative body of a political subdivision that collectively possesses the power to
adopt and carry out local laws and ordinances; in Baltimore City "governing body" means
the Board of Estimates.

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