(a) (1) In this section the following words have the meanings indicated. (2) "Department" means the Department of Economic Competitiveness and Commerce. (3) "Eligible business" has the meaning stated in § 5-451 of the Economic Development Article. (4) "Lender" has the meaning stated in § 5-451 of the Economic Development Article. (b) The Department and the State are not liable to any lender for payment of the principal or interest on a loan to an eligible business in accordance with § 5- 451 of the Economic Development Article.
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