Md. Code, Hum. Servs. § 10-507

Current with changes from the 2024 Legislative Session
Section 10-507 - Recovery of State grant funds
(a) The State may recover State grant funds if, within 15 years after completion of a project:
(1) the property, with respect to which funds have been paid under this subtitle, ceases to be operated as a senior citizen activities center; or
(2) an interest in property for which funds have been paid under the Program is assigned, transferred, or conveyed:
(i) without approval by the Board of Public Works; or
(ii) for use other than as a senior citizen activities center.
(b) The State is entitled to recover the sum of:
(1) an amount that equals the value of the property, with respect to which funds have been paid under this subtitle, at the time of the recovery multiplied by a fraction:
(i) the numerator of which is the amount of the State funds for the project; and
(ii) the denominator of which is the total cost of all eligible work for the project; and
(2) costs, including reasonable attorney's fees that the State incurs in recovery proceedings.

Md. Code, HS § 10-507

Amended by 2018 Md. Laws, Ch. 12,Sec. 1, eff. 4/5/2018.
Amended by 2017 Md. Laws, Ch. 116,Sec. 1, eff. 10/1/2017.