Md. Code, Economic Development § 5-207
Md. Code, Economic Development § 5-207
in effect(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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec§ion=5-207&enactments=falseFetched: 10/16/2026
