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2013 Maryland Code
HUMAN SERVICES
§ 7-612 - Violations of loan provisions


MD Human Svs Code § 7-612 (2013) What's This?

§7-612.

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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