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Session Laws, 1997
Volume 795, Page 675   View pdf image
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PARRIS N. GLENDENING, Governor

Ch. 31

"NONPROFIT ORGANIZATION" MEANS A. CORPORATION, FOUNDATION,
SCHOOL, HOSPITAL, OR OTHER LEGAL ENTITY, NO PART OF THE NET EARNINGS OF
WHICH INURE TO THE BENEFIT OF ANY PRIVATE SHAREHOLDER OR INDIVIDUAL
HOLDING AN INTEREST IN SUCH ENTITY.

(H) "PROGRAM".

"PROGRAM" MEANS THE COMMUNITY ENERGY LOAN PROGRAM.

(I) "PROJECT".

(1) "PROJECT" MEANS ONE OR MORE IMPROVEMENTS OR
MODIFICATIONS THAT ENHANCE THE ENERGY EFFICIENCY AND REDUCE THE
OPERATING EXPENSES OF A STRUCTURE.

(2) "PROJECT" DOES NOT INCLUDE IMPROVEMENTS OR
MODIFICATIONS FOR ENERGY CONSERVATION IN STRUCTURES USED PRIMARILY
FOR RELIGIOUS OR FRATERNAL ACTIVITIES.

(J) "SPONSOR".

"SPONSOR" MEANS ANY LOCAL JURISDICTION OR NONPROFIT ORGANIZATION
THAT QUALIFIES FOR A LOAN UNDER THE PROGRAM.

REVISOR'S NOTE: This section formerly was Art. 41, § 10-901.

In subsection (b) of this section, the reference to "the 23 counties of the
State" and "the City of Baltimore" is deleted in light of the definition of
"county" in § 1-101 of this article to the same effect.

The only other changes are in style.
9-2102. ESTABLISHED.

THERE IS A COMMUNITY ENERGY LOAN PROGRAM IN THE MARYLAND
ENERGY ADMINISTRATION.

REVISOR'S NOTE: This section formerly was Art. 41, § 10-902.

The reference to the "Maryland Energy" Administration is added for clarity.

No other changes are made.

9-2103. PURPOSE.

THE PURPOSE OF THE PROGRAM IS TO MAKE LOANS TO NONPROFIT
ORGANIZATIONS OR LOCAL JURISDICTIONS FOR PROJECTS IN BUILDINGS OWNED
BY THE ENTITIES IN ORDER TO PROMOTE ENERGY CONSERVATION AND IMPROVE
ENERGY EFFICIENCY.

REVISOR'S NOTE: This section formerly was Art. 41, § 10-903.

The only changes are in style.

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Session Laws, 1997
Volume 795, Page 675   View pdf image
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