1. (1) withhold from the borrower further loan guarantees or subsidies until the borrower complies with the agreement or requirements; and
2. (2) exercise any other remedy that the loan guarantee or subsidy agreement provides.

If a borrower violates any provision of a loan guarantee or subsidy agreement or ceases to meet the requirements of this subtitle, on reasonable notice to the borrower, the Board may:

Added by Acts 2007, c. 3, § 2, eff. Oct. 1, 2007.