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Section 5-345 - Standards for Making Loans — Maryland Law | CourtGPT
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  3. Maryland/
  4. Economic Development - Division I - Secretary of Commerce and Department of Commerce/
  5. Division I - Secretary of Commerce and Department of Commerce/
  6. Title 5 - Economic Development and Financial Assistance Programs/
  7. Subtitle 3 - Maryland Economic Development Assistance Authority and Fund/
  8. Part VII - Child Care Special Loans/
  9. Section 5-345 - Standards for Making Loans
Maryland Legal Code

Section 5-345 - Standards for Making Loans

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The Department may make a child care special loan to an applicant if: (1) the applicant meets the qualifications required by this part; (2) the applicant meets any additional requirements imposed by the source of the money to be loaned; and (3) the child care special loan will be used for an authorized use under § 5-348 of this subtitle.