Md. Code, Economic Development § 5-348
Md. Code, Economic Development § 5-348
in effect(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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec§ion=5-348&enactments=falseFetched: 10/16/2026