1. (a) The Department shall prepare the loan documents for loans under this subtitle.

2. (b) The loan documents shall include:

   1. (1) the interest rate on the loan;
   2. (2) the amount of the loan;
   3. (3) repayment provisions for the loan; and
   4. (4) any other provision that the Department determines is necessary, including a provision on taking liens and security interests in real or personal property.

Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008.