Md. Code Regs. 05.03.05.08
Current through Register Vol. 51, No. 24, December 2, 2024
The Department shall establish the maximum dollar amount of equity payments authorized for disbursement to each borrower for each fiscal year. Because Program funding is appropriated annually by the legislature, there is no assurance that an approved line of credit can be drawn on by the borrower in any year, or that the borrower will ever be able to draw on the entire amount of the borrower's maximum line of credit.
Md. Code Regs. 05.03.05.08
Regulations .08 adopted effective December 11, 1989 (16:24 Md. R. 2616)