§ 2-604. Department authority
West's Annotated Code of MarylandAgriculture
MD Code, Agriculture, § 2-604
§ 2-604. Department authority
The Department may:
(1) Make farmer disaster loans and extend or modify the terms of an existing loan, set the principal amounts and maturities (not exceeding five years) thereof, enforce them according to their terms, and execute all necessary and convenient documents in connection therewith; foreclose mortgages; and obtain and enforce deficiency judgments. Approval or execution by the Board of Public Works is not needed to assign for value, to release loans when paid, or to accomplish foreclosures.
Credits
Added by Acts 1977, c. 783.
MD Code, Agriculture, § 2-604, MD AGRIC § 2-604
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.
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