Current with changes from the 2024 Legislative Session
Section 5-440 - Waiver of insurance premiums(a) The Authority may not charge a premium for insurance if the Authority determines that, at the time the insurance is approved, the facility or business for which the Authority provides insurance is located in a Tier I county.(b) A determination by the Authority under subsection (a) of this section for a facility or business is effective for as long as the financial assistance is in effect.Amended by 2019 Md. Laws, Ch. 82,Sec. 1, eff. 7/1/2019.