Md. Code Regs. 24.05.05.15

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

Section 24.05.05.15 - Waiver

The Authority may waive or vary particular provisions of these regulations to the extent that the waiver is not inconsistent with the MIDFA Act or the Revenue Bond Act if:

A. Conformance to the requirements of any federal, State, or local programs in connection with a loan or financial assistance necessitates waiver or variance of a regulation; or

B. In the determination of the Authority, the application of a regulation in a specific case or in an emergency situation would be inequitable or contrary to the purposes of the MIDFA Act or the Revenue Bond Act.

Md. Code Regs. 24.05.05.15