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§ 18-3102. Establishment of the Montgomery County Student Loan Refinancing Authority

West's Annotated Code of MarylandEducationEffective: July 1, 2016

West's Annotated Code of Maryland
Education (Refs & Annos)
Division III. Higher Education [Titles 10-20] (Refs & Annos)
Title 18. Student Financial Assistance (Refs & Annos)
Subtitle 31. Montgomery County Student Loan Refinancing Authority (Refs & Annos)
Effective: July 1, 2016
MD Code, Education, § 18-3102
§ 18-3102. Establishment of the Montgomery County Student Loan Refinancing Authority
Currentness
Prerequisites to establishment
(a) Before Montgomery County may establish the Montgomery County Student Loan Refinancing Authority, the county shall:
(1) Study aspects of implementing the Authority in accordance with State and county law, including:
(i) Performing a feasibility and demand study;
(ii) Assessing the potential benefit to recruitment and retention of county and school system employees; and
(iii) Studying the operation of similar programs in other systems, including operating costs;
(2) Hold public hearings; and
(3) Provide an opportunity for public comment.
Ordinance required
(b) If Montgomery County decides to establish the Authority as authorized in § 18-3101 of this subtitle, the county's governing body must pass an ordinance that creates the Authority in accordance with this subtitle.

Credits

Added by Acts 2016, c. 296, § 1, eff. July 1, 2016.
MD Code, Education, § 18-3102, MD EDUC § 18-3102
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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