# COMAR Title 09 — Maryland Department of Labor

## Subtitle 08 — Home Improvement Commission

### Chapter 01 — General Regulations

#### Regulation .20 Interest on Guaranty Fund Repayments.

*COMAR 09.08.01.20*

A contractor required to repay the Guaranty Fund pursuant to Business Regulation Article, §8-410(c), Annotated Code of Maryland, shall repay the amount paid from the Fund on the contractor's account plus interest at the rate of 10 percent per annum simple interest.