- A. A proposer may not knowingly make or cause to be made any material misstatement of fact, whether in the nature of an understatement or overstatement of financial condition or any other fact material to the Authority's action in any statement or report in or regarding a proposal for financing of a vehicle parking facility project.
- B. The Authority may reject any proposal for financing of a vehicle parking facility project that contains any material misstatement of fact.
Authority: Transportation Article, §§4-205 and 4-311.1, Annotated Code of Maryland
Effective date: February 18, 2002 (29:3 Md. R. 222)
Regulation .03B amended effective October 27, 2014 (41:21 Md. R. 1260)
Regulation .05C amended effective October 27, 2014 (41:21 Md. R. 1260)
Regulation .12 amended effective October 27, 2014 (41:21 Md. R. 1260)