2060

LAWS OF MARYLAND

Ch. 497

OF AND INTEREST ON ANY OBLIGATIONS INCURRED IN CONNECTION
WITH THE PROPERTY, DISPOSE OF, AND OTHERWISE DEAL WITH THE
PROPERTY, IN A MANNER AS MAY BE NECESSARY OR DESIRABLE TO
PROTECT THE INTERESTS OF THE ADMINISTRATION. ANY LIEN HELD
BY THE ADMINISTRATION ON PROPERTY SHALL BE A LIEN SUPERIOR
TO ALL OTHER LIENS ON THE PROPERTY EXCEPT LIENS FOR TAXES
OWED TO THE STATE OF MARYLAND OR ANY SUBDIVISION THEREOF AND
EARLIER MORTGAGE LIENS. THE ADMINISTRATION MAY SELL ANY
MORTGAGE OR OTHER OBLIGATION HELD BY IT, AT PUBLIC OR
PRIVATE SALE, WITH OR WITHOUT PUBLIC BIDDING, INCLUDING THE
SALE OF SUCH OBLIGATIONS AND COMMITMENTS TO THE SOLAR ENERGY
AND ENERGY CONSERVATION BANK PURSUANT TO TITLE V OF THE
ENERGY SECURITY ACT, P.L. 96-294.

(B)  COORDINATE THE PROMOTION OF ITS PROGRAMS OF
FINANCIAL ASSISTANCE FOR ENERGY CONSERVATION PROJECTS WITH
THE ENERGY CONSERVATION PROMOTION PROGRAMS OF THE MARYLAND
ENERGY OFFICE.

(C)  COORDINATE ITS PROGRAMS OF FINANCIAL ASSISTANCE
FOR ENERGY CONSERVATION AND SOLAR ENERGY PROJECTS WITH THE
ACTIVITIES OF THE MARYLAND ENERGY OFFICE, PUBLIC UTILITIES,
AND OTHER ORGANIZATIONS INVOLVED IN IMPLEMENTING THE
RESIDENTIAL CONSERVATION SERVICE PROGRAM UNDER TITLES II AND
VII OF THE NATIONAL ENERGY CONSERVATION POLICY ACT, P.L.
95-619, AND, IN PARTICULAR, THE ADMINISTRATION SHALL APPLY
FOR INCLUSION ON ANY MASTER LIST OF LENDERS COMPILED BY THE
MARYLAND ENERGY OFFICE IN CONJUNCTION WITH THE RESIDENTIAL
CONSERVATION SERVICE PROGRAM AND OTHERWISE PARTICIPATE IN
THE PROGRAM.

(D)  THE ADMINISTRATION SHALL TAKE ALL ACTIONS
NECESSARY TO PARTICIPATE IN THE PROGRAMS OF FINANCIAL
ASSISTANCE FOR ENERGY CONSERVATION PROJECTS AND SOLAR ENERGY
PROJECTS UNDER TITLE V, SUBTITLE A OF THE ENERGY SECURITY
ACT, P.L. 96-294. IN FURTHERANCE THEREOF, THE
ADMINISTRATION SHALL BE SPECIFICALLY DEEMED TO BE, FOR
PURPOSES OF THAT ACT, A "FINANCIAL INSTITUTION", AS DEFINED
IN TITLE V, SUBTITLE A, § 504(9) OF THAT ACT.

(E) (1) CONSISTENT WITH THE PROVISIONS OF THIS
SUBHEADING THAT GENERALLY CONCERN THE POWERS OF THE
ADMINISTRATION TO AWARD FINANCIAL ASSISTANCE FOR ENERGY
CONSERVATION PROJECTS AND SOLAR ENERGY PROJECTS, THE
ADMINISTRATION SHALL ADOPT POLICIES AND RULES AND
REGULATIONS TO ESTABLISH AND IMPLEMENT PROGRAMS OF FINANCIAL
ASSISTANCE TO ELIGIBLE PERSONS FOR ENERGY CONSERVATION
PROJECTS AND SOLAR ENERGY PROJECTS AS AUTHORIZED BY THIS
SUBHEADING.                                                                                                   

(2) THE POLICIES AND RULES AND REGULATIONS
ADOPTED BY THE ADMINISTRATION UNDER THIS SUBSECTION SHALL
INCLUDE PROVISIONS CONCERNING:

(I) ELIGIBILITY AND APPLICATION

REQUIREMENTS;