Volume 793, Page 1659 View pdf image |
PARRIS N. GLENDENING, Governor Ch. 120 (c) The loan documents shall include: (1) The rate of interest on the loan; (2) The amount of the loan; (3) Provisions for repayment of the loan, provided that the provisions for (4) Any other provisions that the Department determines are necessary, (d) (1) Mortgages or deeds of trust held as security for loans made under this (2) The Department may take title in its name to any property foreclosed (e) The maximum amount of a defense adjustment loan may not exceed the limit (f) The minimum interest rate for a defense adjustment loan shall be a fixed rate (g) The proceeds of defense adjustment loans may be used for working capital for [3-610.] 6-510. If an applicant violates any provision of the loan documents or ceases to meet the (1) Withhold from the applicant further advances of loan proceeds until the (2) Exercise any other remedy for which the loan documents provide. (a) A person may not knowingly make or cause any false statement or report to be (b) A person may not knowingly make or cause any false statement or report to be (c) Any person who violates any provision of this subtitle or any person who aids - 1659 -
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Volume 793, Page 1659 View pdf image |
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