Md. Code, EC§ 5-510

Current with changes from the 2024 Legislative Session

Section 5-510 - Conflicts of interest

A member of the Authority may not participate in any decision related to the approval of financial assistance if the member has any interest in:

(1) the applicant for the assistance; or

(2) the financial institution seeking a guaranty or an interest subsidy or both.

Md. Code, EC§ 5-510