Collections
Code of Maryland Regulations
Title 05
§ 13
Chapter 04
Md. Code Regs. 05.13.04
Capital Access Program
Effective Mar 16, 2015
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.01
General.
.02
Objectives.
.03
Definitions.
.04
Eligible Lender; Inspection of Lender Files by Department.
.05
No Legal or Equitable Interest by Department.
.06
Creation of Reserve Account.
.07
Control of Money in Reserve Account by Department.
.08
Pledge to Lender by Department.
.09
Eligible Borrowers.
.10
Eligible Loans.
.11
Eligible Projects.
.12
Enrollment Requirements.
.13
Specified Amount To Be Covered Under the Program.
.14
Acknowledgment of Enrollment by Department.
.15
Restriction on Acceptance of Loans.
.16
Reserve Account Premium Charges.
.17
Limitations on Financial Assistance.
.18
Reduction of Outstanding Balance of Loan to Zero.
.19
Claims for Charge Off.
.20
Withdrawal from Reserve Account by Lender; Effect of Insufficient Funds.
.21
Effect of Recovery from Borrower.
.22
Right of Subrogation by Department; Effect of Assignment.
.23
Reports by Lender; Withdrawal of Excess Funds.
.24
Termination of Obligation to Lender.
.25
Nondiscrimination; Drug and Alcohol Free Workplace.
.26
Program Administration.
.27
Fund Administration.
.28
Waiver.
.29
False Statements.