Md. Code, Economic Development § 5-207
This is the official text of Md. Code, Economic Development § 5-207, part of Maryland’s Code, Economic Development — governs the state's economic development programs.
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§5–207.
Official statutory text
(a) The Department shall prepare the loan documents for loans under this subtitle.
(b) The loan documents shall include:
(1) the interest rate on the loan;
(2) the amount of the loan;
(3) repayment provisions for the loan; and
(4) any other provision that the Department determines is necessary, including a provision on taking liens and security interests in real or personal property.
(b) The loan documents shall include:
(1) the interest rate on the loan;
(2) the amount of the loan;
(3) repayment provisions for the loan; and
(4) any other provision that the Department determines is necessary, including a provision on taking liens and security interests in real or personal property.
Status: in_force · Read it on the official government site
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