§ 10–526.2
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 10-526.2 (2026)
Title 10. Statewide Development Resources and Revenue Authorities
Subtitle 5. Maryland Agricultural and Resource-Based Industry Development Corporation
§ 10–526.2LinkCopy Citation
(a)
(1)
If a borrower who holds a tidal fish license under § 4–701 of the Natural Resources Article is delinquent in the repayment of a loan under this subtitle, the Corporation shall notify the Department of Natural Resources.
(2)
If a borrower under paragraph (1) of this subsection becomes compliant with the repayment of a loan under this subtitle, the Corporation shall notify the Department of Natural Resources.
(b)
Notwithstanding § 4–701 of the Natural Resources Article, after receiving a notification under subsection (a)(1) of this section and until receiving a notification under subsection (a)(2) of this section, the Department of Natural Resources may not approve a transfer of the tidal fish license or authorization.