§ 5-574
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/md/economic-development/5-574A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§5–574.
(a)In its sole discretion, the Authority may set:
(1)the premiums and fees for providing bonding assistance under the Program; and
(2)the terms and conditions when the premiums and fees are payable.
(b)The premiums and fees may vary in amount among transactions and at different stages of a transaction.
(c)A determination by the Authority on premiums and fees remains effective for as long as the bonding assistance provided by the Authority is in effect.