Md. Code Regs. 15.15.01.13

Current through Register Vol. 51, No. 18, September 6, 2024

Section 15.15.01.13 - Tender of Offer to Buy After Approval of Application

Upon approval of a majority of the Board members at-large, and upon the recommendation of the State Treasurer and the Secretary, an application to sell shall be approved, and an offer to buy which contains the specific terms of the purchase shall be tendered to the landowner. An offer to buy may specify terms, contingencies, and conditions not contained in the original application.