Maryland § 4-2803
Full text of Maryland Maryland Code § 4-2803, with citation guidance and answers to common questions.
§ 4-2803.
(a) In the fiscal year in which a qualified project is proposed, an individual or business entity may apply to the Department for financial assistance to cover the appraisal gap for the project in accordance with this section.
(b) The Department shall develop by regulation an application form and a process for the distribution of financial assistance under this section.
(c) Financial assistance provided under this section may be allocated among the partners, members, or shareholders of a business entity in any manner agreed to by those persons in writing.
(d) Financial assistance provided under this section may be used in conjunction with other State, federal, or local funding sources.
(e) A qualified project receiving financial assistance under this section shall be in compliance with local development and land use plans.
Frequently Asked Questions About Maryland § 4-2803
What does Maryland Code § 4-2803 cover?
Section 4-2803 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 4-2803?
A common citation format is "Maryland Code § 4-2803" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 4-2803 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.