§ 4-406
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/md/housing-and-community-development/4-406A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§4–406.
(a)The Department shall adopt regulations to carry out the Program.
(b)The regulations shall provide for:
(1)applications for money from the Fund;
(2)standards of eligibility, terms, and fees;
(3)charges that shall be imposed on Program loans; and
(4)the recapture of money of the Fund from a borrower that does not use the money in a timely manner.