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Section 5-440 - Waiver of Insurance Premiums — Maryland Law | CourtGPT
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  9. Section 5-440 - Waiver of Insurance Premiums
Maryland Legal Code

Section 5-440 - Waiver of Insurance Premiums

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(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.