Md. Code, Economic Development § 5-348
This is the official text of Md. Code, Economic Development § 5-348, part of Maryland’s Code, Economic Development — governs the state's economic development programs.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§5–348.
Official statutory text
(a) The proceeds of a child care special loan may be used:
(1) to assist the applicant in meeting applicable State and local child care standards;
(2) to pay for minor renovations, and to upgrade child care facilities, to ensure that applicants meet State and local child care standards; or
(3) to purchase and install equipment and furniture, including equipment needed to accommodate children with special needs.
(b) Except as provided in subsection (a) of this section, the proceeds of a child care special loan may not be used:
(1) to purchase or improve land; or
(2) to purchase, construct, or improve a building or facility.
(1) to assist the applicant in meeting applicable State and local child care standards;
(2) to pay for minor renovations, and to upgrade child care facilities, to ensure that applicants meet State and local child care standards; or
(3) to purchase and install equipment and furniture, including equipment needed to accommodate children with special needs.
(b) Except as provided in subsection (a) of this section, the proceeds of a child care special loan may not be used:
(1) to purchase or improve land; or
(2) to purchase, construct, or improve a building or facility.
Status: in_force · Read it on the official government site
Need a lawyer in Maryland?
Find a Maryland lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.