§ 7-612
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/md/human-services/7-612A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§7–612.
If a borrower violates any provision of a loan guarantee or subsidy agreement or ceases to meet the requirements of this subtitle, on reasonable notice to the borrower, the Board may:
(1)withhold from the borrower further loan guarantees or subsidies until the borrower complies with the agreement or requirements; and
(2)exercise any other remedy that the loan guarantee or subsidy agreement provides.