Md. Code, Hum. Servs. § 7-612
Md. Code, Hum. Servs. § 7-612
Maryland · Maryland Code, Human Services · Status: effective
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- Citation
- Md. Code, Hum. Servs. § 7-612, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1778024
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Full text
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.