{"data":{"id":"us-md/md.-code-economic-development-5-1001","jurisdiction":"us-md","citation":"Md. Code, Economic Development § 5–1001","heading":"","body":"(a) In this subtitle the following words have the meanings indicated.\n(b) “Active duty” has the meaning stated in § 9–901 of the State Government Article.\n(c) “Fund” means the Uniformed Services Personnel and Veteran–Owned Small Business No–Interest Loan Fund established under § 5–1006 of this subtitle.\n(d) “Reserve component” has the meaning stated in § 9–901 of the State Government Article.\n(e) “Service–disabled veteran” means a veteran with a disability that is service–connected, as defined in 38 U.S.C. § 101(16).\n(f) (1) “Small business employer” means an employer who employed an average of 50 or fewer employees on business days during the calendar year preceding the determination of eligibility for a loan under this subtitle.\n(2) For purposes of paragraph (1) of this subsection, all persons treated as a single employer under § 414(b), (c), (m), or (o) of the Internal Revenue Code shall be treated as a single employer under this subtitle.\n(g) “Uniformed services” has the meaning stated in § 9–901 of the State Government Article.\n(h) “Veteran” has the meaning stated in § 9–901 of the State Government Article.\n(i) “Veteran–owned small business” means a small business that is at least 51% owned by a veteran.","path":["Article - Economic Development"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec\u0026section=5-1001","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:57:28Z","sha256":"3287981345a6391ef2186714d407b978541b511a812007d0392938ea72e2feb6","source_id":"us-md","stale":false,"prev":"us-md/md.-code-economic-development-5-907","next":"us-md/md.-code-economic-development-5-1002"},"notice":"GroundRules: Original legal text. Not legal advice."}
