§ 5–207
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 5-207 (2026)
Title 5. Economic Development and Financial Assistance Programs
Subtitle 2. Maryland Economic Adjustment Fund
§ 5–207LinkCopy Citation
(a)
The Department shall prepare the loan documents for loans under this subtitle.
(b)
The loan documents shall include:
(1)
the interest rate on the loan;
(2)
the amount of the loan;
(3)
repayment provisions for the loan; and
(4)
any other provision that the Department determines is necessary, including a provision on taking liens and security interests in real or personal property.