# COMAR Title 05 — Department of Housing and Community Development

## Subtitle 06 — Housing Insurance

### Chapter 09 — Business Reserve Insurance

#### Regulation .04 Eligible Borrower.

*COMAR 05.06.09.04*

A. A borrower may be an individual, partnership, or any other type of legal entity.

B. A borrower shall establish, to the satisfaction of the Fund, the capacity to meet the financial obligations of the loan.

C. A borrower shall have maintained a credit standing and history of financial management that is acceptable to the Fund.