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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) The State may recover State grant funds if, within 15 years after completion of a project:
(1) the property, with respect to which funds have been paid under this subtitle, ceases to be operated as a senior citizen activities center; or
(2) an interest in property for which funds have been paid under the Program is assigned, transferred, or conveyed:
(i) without approval by the Board of Public Works; or
(ii) for use other than as a senior citizen activities center.
(b) The State is entitled to recover the sum of:
(1) an amount that equals the value of the property, with respect to which funds have been paid under this subtitle, at the time of the recovery multiplied by a fraction:
(i) the numerator of which is the amount of the State funds for the project; and
(ii) the denominator of which is the total cost of all eligible work for the project; and
(2) costs, including reasonable attorney's fees that the State incurs in recovery proceedings.
Cite this article: FindLaw.com - Maryland Code, Human Services § 10-507 - last updated January 01, 2025 | https://codes.findlaw.com/md/human-services/md-code-human-serv-sect-10-507/
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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