Md. Code Regs. 11.07.09.14

Current through Register Vol. 51, No. 26, December 27, 2024

Section 11.07.09.14 - False Statements

A. A proposer may not knowingly make or cause to be made any material misstatement of fact, whether in the nature of an understatement or overstatement of financial condition or any other fact material to the Authority's action in any statement or report in or regarding a proposal for financing of a vehicle parking facility project.

B. The Authority may reject any proposal for financing of a vehicle parking facility project that contains any material misstatement of fact.