Md. Code Regs. 05.06.09.04

Current through Register Vol. 51, No. 22, November 1, 2024

Section 05.06.09.04 - Eligible Borrower

A. A borrower may be an individual, partnership, or any other type of legal entity.

B. A borrower shall establish, to the satisfaction of the Fund, the capacity to meet the financial obligations of the loan.

C. A borrower shall have maintained a credit standing and history of financial management that is acceptable to the Fund.

Md. Code Regs. 05.06.09.04

Regulation .04 adopted effective 45:6 Md. R. 317, eff. 3/26/2018