§ 10-456
75 words·~1 min read·
/md/human-services/10-456A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§10–456.
(a)A provider may collect deposits from prospective subscribers if:
(1)the Department has approved the provider’s feasibility study; and
(2)the provider maintains the funds collected in an escrow account.
(b)Deposits collected under subsection
(a)of this section shall be held in escrow until:
(1)the provider has been issued a certificate of registration under § 10-458 of this subtitle; or
(2)a later time that the Department may set by regulation.