If a borrower violates any provision of a loan guarantee or subsidy agreement or ceases to meet the requirements of this subtitle, on reasonable notice to the borrower, the Board may: (1) withhold from the borrower further loan guarantees or subsidies until the borrower complies with the agreement or requirements; and (2) exercise any other remedy that the loan guarantee or subsidy agreement provides.
‹ 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.