§ 5-440. Waiver of insurance premiums

MD Econ Dev Code § 5-440 (2019) (N/A)
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(a)    The Authority may not charge a premium for insurance if the Authority determines that, at the time the insurance is approved, the facility or business for which the Authority provides insurance is located in a Tier I county.

(b)    A determination by the Authority under subsection (a) of this section for a facility or business is effective for as long as the financial assistance is in effect.