Maryland Statutes
§ 5-347
Maryland § 5-347
This text of Maryland § 5-347 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Economic Development § 5-347 (2026).
Text
(a)If the Department makes a child care special loan to an applicant, the Department shall prepare loan documents.
(b)The loan documents shall include:
(1)the rate of interest on the child care special loan;
(2)the amount of the child care special loan;
(3)a requirement that before each disbursement of loan proceeds is released to the applicant, the applicant and the Department cosign the request for the money;
(4)provisions for repayment of the child care special loan; and
(5)any other provisions that the Department determines are necessary, including provisions to take liens and security interests in real and personal property.
(c)The child care special loan documents may provide for penalties for an a
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Bluebook (online)
Maryland § 5-347, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gec/5-347.