(CNN) Maryland elected officials are sounding off about an FBI tip that a third-party company contracted for elections has ties to a Russian oligarch, officials said on Monday.

"When the FBI comes in and tells you that they have information that there might be Russian money involved in the vendor you have for your electoral system, you take notice," Maryland House Speaker Michael Busch told CNN on Monday.

ByteGrid LLC hosts the statewide voter registration, candidacy and election management system, the online voter registration system, online ballot delivery system and unofficial election night results website, according to the Maryland State Board of Elections.

ByteGrid is majority owned by AltPoint Capital Partners. They have general and limited partners, one of whom is Russian oligarch Vladimir Potanin, company officials confirmed.

The FBI did not say there was evidence of any breach of security or fraud, the elected officials and the board of elections said.

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