Md. Code, Economic Development § 5-574
This is the official text of Md. Code, Economic Development § 5-574, part of Maryland’s Code, Economic Development — governs the state's economic development programs.
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§5–574.
Official statutory text
(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.
(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.
Status: in_force · Read it on the official government site
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