§ 4-406. Regulations.

MD House & Comm Dev Code § 4-406 (2019) (N/A)
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(a)    The Department shall adopt regulations to carry out the Program.

(b)    The regulations shall provide for:

(1)    applications for money from the Fund;

(2)    standards of eligibility, terms, and fees;

(3)    charges that shall be imposed on Program loans; and

(4)    the recapture of money of the Fund from a borrower that does not use the money in a timely manner.