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Section 5-207 - Loan -- Documents — Maryland Law | CourtGPT
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  8. Section 5-207 - Loan -- Documents
Maryland Legal Code

Section 5-207 - Loan -- Documents

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(a) The Department shall prepare the loan documents for loans under this subtitle. (b) The loan documents shall include: (1) the interest rate on the loan; (2) the amount of the loan; (3) repayment provisions for the loan; and (4) any other provision that the Department determines is necessary, including a provision on taking liens and security interests in real or personal property.