Md. Code, Housing and Community Development § 3-204

Md. Code, Housing and Community Development § 3-204
in effect
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Insurance, a guarantee, or other credit enhancement provided under this subtitle: (1) does not pledge the faith, credit, or taxing power of the State or the Department; and (2) is payable only to the extent of the reserve or other identified money backing the insurance, guarantee, or credit enhancement.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=ghs&section=3-204&enactments=falseFetched: 10/17/2026

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