<?xml version='1.0' encoding='utf-8'?>
<section article="grp" article_name="Real Property" number="14-503" title_number="14" title_name="Miscellaneous Rules" subtitle_number="5" subtitle_name="Affordable Housing Land Trusts">
  <level label="a">
    <text>In this section, “Department” means the State Department of Assessments and Taxation.</text>
  </level>
  <level label="b">
    <text>Each affordable housing land trust shall register its creation with the Department on a form prescribed by the Department.</text>
  </level>
  <level label="c">
    <text>An affordable housing land trust shall submit updates relating to its organization, tax status, address, officers, and any other information as required by the Department.</text>
  </level>
  <level label="d">
    <level label="1">
      <text>The Department shall maintain an online list of registered affordable housing land trusts in the State.</text>
    </level>
    <level label="2">
      <text>The Department is not responsible for the completeness or accuracy of the contents of the online list or the accuracy of any registration.</text>
    </level>
  </level>
  <level label="e">
    <text>The Department shall adopt regulations to carry out and enforce the provisions of this section.</text>
  </level>
</section>
