# COMAR 24.05.18.01: COMAR 24.05.18.01. Purpose

> Maryland · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_18_01

## Section

- **Citation:** COMAR 24.05.18.01
- **Heading:** COMAR 24.05.18.01. Purpose
- **Jurisdiction:** Maryland
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Code of Maryland Regulations / Title 24 DEPARTMENT OF COMMERCE / Subtitle 05 ECONOMIC DEVELOPMENT / Chapter 18 Maryland Economic Adjustment Fund / COMAR 24.05.18.01

## Text

These regulations describe the policies, procedures, and authorizations for making:
A. Loans to individuals and business entities in the State to enable them to modernize manufacturing operations, develop commercial applications for technology, or explore and enter new markets; and
B. Grants to local or regional Maryland governmental or nonprofit revolving loan funds.

## Nearby sections

- [COMAR 24.05.18.01 COMAR 24.05.18.01. Purpose](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_18_01.md)
- [COMAR 24.05.18.02 COMAR 24.05.18.02. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_18_02.md)
- [COMAR 24.05.18.03 COMAR 24.05.18.03. Eligible Applicants](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_18_03.md)
- [COMAR 24.05.18.04 COMAR 24.05.18.04. Priority](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_18_04.md)
- [COMAR 24.05.18.05 COMAR 24.05.18.05. Use of Loan Proceeds](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_18_05.md)
- [COMAR 24.05.18.06 COMAR 24.05.18.06. Loan Terms and Requirements](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_18_06.md)
- [COMAR 24.05.18.07 COMAR 24.05.18.07. Additional Requirements for Loans Made with Restricted Funds](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_18_07.md)
- [COMAR 24.05.18.08 COMAR 24.05.18.08. Application and Processing Procedures](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_18_08.md)
- [COMAR 24.05.18.09 COMAR 24.05.18.09. Grants](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_18_09.md)
- [COMAR 24.05.18.10 COMAR 24.05.18.10. Drug-Free and Alcohol-Free Workplace](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_18_10.md)
- [COMAR 24.05.18.11 COMAR 24.05.18.11. False Statements](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_18_11.md)
- [COMAR 24.05.18.12 COMAR 24.05.18.12. Waiver](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_18_12.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_18_01. Check the current official text before relying on it. Not legal advice.