<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".10" citation="COMAR 05.04.09.10" title_num="05" subtitle_num="04" chapter_num="09" heading="Deferred Loans.">
  <paragraph num="A.">
    <text>In addition to the conditions and requirements of Regulations .07—.09 of this chapter, deferred loans shall comply with the requirements of §§B—D of this regulation.</text>
  </paragraph>
  <paragraph num="B.">
    <text>Deferrals. The loan documents may provide for deferred payments of principal or interest or both principal and interest.</text>
  </paragraph>
  <paragraph num="C.">
    <text>Term. The loan documents shall provide for repayment of deferred amounts at:</text>
    <paragraph num="(1)">
      <text>The earliest possible date established by the Department;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>A sale or other transfer of the property or an interest in the property;</text>
    </paragraph>
    <paragraph num="(3)">
      <text>Discontinuance of use of the property as a group home; or</text>
    </paragraph>
    <paragraph num="(4)">
      <text>Maturity of the loan.</text>
    </paragraph>
  </paragraph>
  <paragraph num="D.">
    <text>The Department may, but need not, charge interest on deferred interest payments.</text>
  </paragraph>
</regulation>