§ 6-707
103 words·~1 min read·
/md/housing-and-community-development/6-707A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§6–707.
(a)The Department and a recipient of financial assistance from the Program shall execute a Program agreement.
(b)The recipient of financial assistance from the Program shall comply with the terms of the Program agreement.
(c)The Program agreement may not allow for more than 40% of the total financial assistance that the Program provides to be used for operating expenditures.
(d)The Department may exercise any remedy provided under the Program agreement or by law if the recipient of financial assistance from the Program:
(1)violates any provision of the agreement; or
(2)ceases to meet any requirement of this subtitle.