Maryland Statutes

§ 5-207

Maryland·Article gec Economic Development·Title 5
(a)The Department shall prepare the loan documents for loans under this subtitle.
(b)The loan documents shall include:
(1)the interest rate on the loan;
(2)the amount of the loan;
(3)repayment provisions for the loan; and
(4)any other provision that the Department determines is necessary, including a provision on taking liens and security interests in real or personal property.

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