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§ 3-204. Insurance, guarantees, and other credit enhancements

West's Annotated Code of MarylandHousing and Community Development

West's Annotated Code of Maryland
Housing and Community Development (Refs & Annos)
Division I. Housing and Community Programs [Titles 1-11] (Refs & Annos)
Title 3. Division of Credit Assurance (Refs & Annos)
Subtitle 2. Maryland Housing Fund (Refs & Annos)
MD Code, Housing & Community Development, § 3-204
§ 3-204. Insurance, guarantees, and other credit enhancements
Currentness
Insurance, a guarantee, or other credit enhancement provided under this subtitle:
(1) does not pledge the faith, credit, or taxing power of the State or the Department; and
(2) is payable only to the extent of the reserve or other identified money backing the insurance, guarantee, or credit enhancement.

Credits

Added by Acts 2005, c. 26, § 2, eff. Oct. 1, 2005.
MD Code, Housing & Community Development, § 3-204, MD HOUS & CMTY DEV § 3-204
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.
End of Document