§ 5-207. Loan -- Documents

MD Econ Dev Code § 5-207 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(a)    The Department shall prepare the loan documents for loans under this subtitle.

(b)    The loan documents shall include:

(1)    the interest rate on the loan;

(2)    the amount of the loan;

(3)    repayment provisions for the loan; and

(4)    any other provision that the Department determines is necessary, including a provision on taking liens and security interests in real or personal property.