Maryland Governor - Executive and Administrative Departments Section 14-912

      (a)      Except as provided in this subtitle, the Board and lender shall jointly determine the amount and terms of the guarantee of the loan or the subsidy of loan interest.

      (b)      The total aggregate amount of the loan guarantee may be up to 100% of the loan.

      (c)      The total aggregate amount of guarantees provided from the Fund may not at any time exceed the balance available in the Fund.