State Codes and Statutes
Statutes > Maryland > Human-services > Title-7 > Subtitle-6 > 7-612§ 7-612. Violations of loan provisions.
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.
[An. Code 1957, art. 41, § 14-913; 2007, ch. 3, § 2.]
