Current with changes from the 2024 Legislative Session
Section 10-484 - Loans and pledges of assets(a) To facilitate the rehabilitation, liquidation, conservation, or dissolution of a provider under this subtitle, the Secretary, subject to the approval of the court, may: (2) execute, acknowledge, and deliver notes or other evidences of indebtedness for the loan;(3) secure the repayment of the loan by the mortgage, pledge, assignment, or transfer in trust of all or part of the property of the provider; and(4) take any other action necessary and proper to consummate the loan and to provide for its repayment.(b) The Secretary is not obligated personally or in an official capacity to repay a loan made under this section.