Md. Code Regs. 05.05.01.04

Current through Register Vol. 51, No. 24, December 2, 2024

Section 05.05.01.04 - Eligible Sponsors

Sponsors shall meet the following minimum requirements to qualify for a loan:

A. Be in good standing and qualified to do business in the State;

B. Have the legal capacity and all necessary legal authorization to incur the obligations of the loan; and

C. Meet all threshold criteria under Regulation .20 of this chapter.

Md. Code Regs. 05.05.01.04

Regulations .04 adopted effective March 4, 1991 (18:4 Md. R. 446)
Regulations .04 Rental Multifamily Rental Financing Program adopted effective March 13, 2006 (33:5 Md. R. 518)