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Maryland Code, Human Services § 7-612

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

If a borrower violates any provision of a loan guarantee or subsidy agreement or ceases to meet the requirements of this subtitle, on reasonable notice to the borrower, the Board may:

(1) withhold from the borrower further loan guarantees or subsidies until the borrower complies with the agreement or requirements; and

(2) exercise any other remedy that the loan guarantee or subsidy agreement provides.

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Cite this article: FindLaw.com - Maryland Code, Human Services § 7-612 - last updated January 01, 2025 | https://codes.findlaw.com/md/human-services/md-code-human-serv-sect-7-612/

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