Maryland Code § HS-4-1610

Section HS-4-1610
Open in Lexace · Ask the AI about this section
(a) A program may provide for loan agreements, security agreements, loan
servicing agreements, forms of mortgages, notes and deeds of trust, and other
security, documents, agreements, provisions, and other matters as the covered county
may find appropriate to implement the financing of the program.
(b) A transaction under this subtitle is not a capital project within the
meaning of a charter or statutory provision.
(c) A transaction under this subtitle shall be authorized by ordinance or
resolution without a referendum or other procedure not applicable to all ordinances
or resolutions enacted in the covered county.

‹ Prev All Maryland sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.