<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".06" citation="COMAR 24.05.23.06" title_num="24" subtitle_num="05" chapter_num="23" heading="Terms and Requirements.">
  <paragraph num="A.">
    <text>Security. The Department may require that financial assistance be secured by:</text>
    <paragraph num="(1)">
      <text>Liens and security interests in real and personal property;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Guarantees;</text>
    </paragraph>
    <paragraph num="(3)">
      <text>Any other collateral required by the Department; or</text>
    </paragraph>
    <paragraph num="(4)">
      <text>A combination of the items in §A(1)—(3) of this regulation.</text>
    </paragraph>
  </paragraph>
  <paragraph num="B.">
    <text>Late Charges. Late charges, as permitted by law, may be imposed.</text>
  </paragraph>
  <paragraph num="C.">
    <text>Additional Documentation. The Department or the Authority may require the applicant to provide title insurance, surveys, insurance, appraisals, and any other documentation that the Department determines is necessary or advisable.</text>
  </paragraph>
</regulation>