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3168
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Ch. 783
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LAWS OF MARYLAND
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(IV) THE APPLICANT MUST MAKE
APPLICATION FOR A FARMER DISASTER LOAN WITHIN SIX MONTHS
OF THE TIME OF THE NATURAL DISASTER.
(2) THE CONDITIONS OF ELIGIBILITY LISTED IN
THIS SECTION APPLY JOINTLY AND SEVERALLY IN THE CASE OF
SPOUSES WHO ARE LIVING TOGETHER, EXCEPT THAT THE DOMICILE
REQUIREMENT MAY BE SATISFIED BY EITHER SPOUSE.
(3) IF A PERSON RECEIVES A FARM DISASTER
LOAN FROM ANY AGENCY OF THE FEDERAL GOVERNMENT, THAT
PERSON SHALL REIMBURSE THE DEPARTMENT OF AGRICULTURE OF
MARYLAND FOR ANY LOAN MADE ACCORDING TO THIS SUBTITLE,
INCLUDING ANY EXPENSE AND INTEREST AS PROVIDED IN SECTION
2-603 (A) (1) OF THIS SUBTITLE.
2-604. DEPARTMENT AUTHORITY IN MAKING LOANS.
THE DEPARTMENT MAY:
(A) MAKE FARMER DISASTER LOANS AND EXTEND OR
MODIFY THE TERMS OF AN EXISTING LOAN, SET THE PRINCIPAL
AMOUNTS AND MATURITIES (NOT EXCEEDING FIVE YEARS)
THEREOF, ENFORCE THEM ACCORDING TO THEIR TERMS, AND
EXECUTE ALL NECESSARY AND CONVENIENT DOCUMENTS IN
CONNECTION THEREWITH; FORECLOSE MORTGAGES; AND OBTAIN AND
ENFORCE DEFICIENCY JUDGMENTS. APPROVAL OR EXECUTION BY
THE BOARD OF PUBLIC WORKS IS NOT NEEDED TO ASSIGN FOR
VALUE, TO RELEASE LOANS WHEN PAID, OR TO ACCOMPLISH
FORECLOSURES.
(B) REQUIRE AND OBTAIN APPRAISALS, CREDIT
INFORMATION, AND OTHER INFORMATION NECESSARY OR DESIRABLE
TO MAKE SOUND LOANS, AND TO ADOPT REASONABLY MINIMUM
REQUIREMENTS OF CREDITWORTHINESS AND SECURITY.
(C) CONTRACT FOR SERVICES RELATING TO ANY ASPECT
OF THE OPERATIONS OF THE PROGRAM IN ACCORDANCE WITH
PROCEDURES REQUIRED BY LAW FOR STATE CONTRACTS.
(D) ADOPT, AND AMEND FROM TIME TO TIME, IN
ACCORDANCE WITH STATUTORY REQUIREMENTS, RULES AND
REGULATIONS GOVERNING ALL ASPECTS OF THE OPERATION OF THE
PROGRAM, INCLUDING DEFINITIONS OF TERMS.
2-605. PENALTIES.
WHOEVER KNOWINGLY MAKES OR CAUSES TO BE MADE ANY
FALSE STATEMENT OR REPORT FOR THE PURPOSE OF INFLUENCING
THE ACTION OF THE DEPARTMENT UPON ANY APPLICATION FOR A
LOAN OR ANY ACTION OF THE DEPARTMENT AFFECTING A LOAN
ALREADY MADE, SHALL BE SUBJECT TO A PENALTY IN THE AMOUNT
OF THREE TIMES THE AMOUNT OF THE LOAN WITH INTEREST OF 6
PERCENT FROM THE DATE OF THE LOAN. THE DEPARTMENT MAY
ENFORCE THIS PENALTY IN THE APPROPRIATE COURT.
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