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Maryland Code, Education § 18-3102

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) Before Montgomery County may establish the Montgomery County Student Loan Refinancing Authority, the county shall:

(1) Study aspects of implementing the Authority in accordance with State and county law, including:

(i) Performing a feasibility and demand study;

(ii) Assessing the potential benefit to recruitment and retention of county and school system employees; and

(iii) Studying the operation of similar programs in other systems, including operating costs;

(2) Hold public hearings; and

(3) Provide an opportunity for public comment.

(b) If Montgomery County decides to establish the Authority as authorized in § 18-3101 of this subtitle, the county's governing body must pass an ordinance that creates the Authority in accordance with this subtitle.

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Cite this article: FindLaw.com - Maryland Code, Education § 18-3102 - last updated January 01, 2025 | https://codes.findlaw.com/md/education/md-code-educ-sect-18-3102/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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