Md. Code Ann., Econ. Dev. § 5-440
Redline — January 1, 2019 → current.View current text →
Current — January 1, 2020
As of January 1, 2019
(a) The Authority may not charge a premium for insurance if the Authority determines that, at the time the insurance is approved, the facility or business for which the Authority provides insurance is located in a qualified distressed county.
(a) The Authority may not charge a premium for insurance if the Authority determines that, at the time the insurance is approved, the facility or business for which the Authority provides insurance is located in a Tier I county.
(b) A determination by the Authority under subsection (a) of this section for a facility or business is effective for as long as the financial assistance is in effect.
(b) A determination by the Authority under subsection (a) of this section for a facility or business is effective for as long as the financial assistance is in effect.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.