2013 Maryland Code
ECONOMIC DEVELOPMENT
§ 5-207 - Loan -- Documents


MD Econ Dev Code § 5-207 (2013) What's This?

§5-207.

(a) The Department shall prepare the loan documents for loans under this subtitle.

(b) The loan documents shall include:

(1) the interest rate on the loan;

(2) the amount of the loan;

(3) repayment provisions for the loan; and

(4) any other provision that the Department determines is necessary, including a provision on taking liens and security interests in real or personal property.

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