§ 18-3102
114 words·~1 min read·
/md/education/18-3102A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§18–3102.
(a)Before Montgomery County may establish the Montgomery County Student Loan Refinancing Authority, the county shall:
(1)Study aspects of implementing the Authority in accordance with State and county law, including:
(i)Performing a feasibility and demand study;
(ii)Assessing the potential benefit to recruitment and retention of county and school system employees; and
(iii)Studying the operation of similar programs in other systems, including operating costs;
(2)Hold public hearings; and
(3)Provide an opportunity for public comment.
(b)If Montgomery County decides to establish the Authority as authorized in § 18–3101 of this subtitle, the county’s governing body must pass an ordinance that creates the Authority in accordance with this subtitle.