§ 5-574. Premiums and fees

MD Econ Dev Code § 5-574 (2019) (N/A)
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(a)    In its sole discretion, the Authority may set:

(1)    the premiums and fees for providing bonding assistance under the Program; and

(2)    the terms and conditions when the premiums and fees are payable.

(b)    The premiums and fees may vary in amount among transactions and at different stages of a transaction.

(c)    A determination by the Authority on premiums and fees remains effective for as long as the bonding assistance provided by the Authority is in effect.