(a) The State may recover State grant funds if, within 15 years after completion of a project:
(1) the property, with respect to which funds have been paid under this subtitle, ceases to be operated as a senior citizen activities center; or
(2) an interest in property for which funds have been paid under the Program is assigned, transferred, or conveyed:
(i) without approval by the Board of Public Works; or
(ii) for use other than as a senior citizen activities center.
Amount
(b) The State is entitled to recover the sum of:
(1) an amount that equals the value of the property, with respect to which funds have been paid under this subtitle, at the time of the recovery multiplied by a fraction:
(i) the numerator of which is the amount of the State funds for the project; and
(ii) the denominator of which is the total cost of all eligible work for the project; and
(2) costs, including reasonable attorney's fees that the State incurs in recovery proceedings.
Credits
Added by Acts 2007, c. 3, § 2, eff. Oct. 1, 2007. Amended by Acts 2017, c. 116, § 1, eff. Oct. 1, 2017; Acts 2018, c. 12, § 1, eff. April 5, 2018.
MD Code, Human Services, § 10-507, MD HUMAN SERV § 10-507
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.