Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
The Department may:
(1) limit the return on equity allowed to, or enter into equity participation agreements with, sponsors and nonprofit sponsors;
(2) require and obtain appraisals, credit and title information, and other information related to making Program loans;
(3) contract for services relating to any aspect of the operation of the Program under the procedures required by law for State contracts;
(4) charge and collect:
(i) reasonable application and processing fees; and
(ii) other charges, fees, or reimbursements incidental to Program loans; and
(5) if necessary, limit the cumulative outstanding debt for Program loans made to a trust described in 42 U.S.C. § 1396p(d)(4) to preserve the ongoing financial viability of the Program.
Cite this article: FindLaw.com - Maryland Code, Housing and Community Development § 4-908 - last updated January 01, 2025 | https://codes.findlaw.com/md/housing-and-community-development/md-code-hous-and-cmty-dev-sect-4-908/
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.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)