There is a newer version of the Maryland Code
2013 Maryland Code
ECONOMIC DEVELOPMENT
§ 5-440 - Waiver of insurance premiums
MD Econ Dev Code § 5-440 (2013) What's This?
§5-440.
(a) The Authority may not charge a premium for insurance if the Authority determines that, at the time the insurance is approved, the facility or business for which the Authority provides insurance is located in a qualified distressed county.
(b) A determination by the Authority under subsection (a) of this section for a facility or business is effective for as long as the financial assistance is in effect.
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