Maryland § 6-504
Full text of Maryland Maryland Code § 6-504, with citation guidance and answers to common questions.
§ 6-504.
(a) A corporation, a foundation, or any other legal entity is a community development organization eligible to apply for Program funds if:
(1) the purpose of the organization is to implement a clear revitalization strategy in a neighborhood or set of neighborhoods within Baltimore City or the inner–beltway communities of Baltimore County or Anne Arundel County; and
(2) no part of the organization’s net earnings inures to the benefit of a private shareholder or an individual holding an interest in the entity.
(b) The community development organization’s application must contain a neighborhood revitalization plan that includes community enhancement projects located within a sustainable community.
(c) A community development organization may apply with another community development organization or with a community development financial institution that has the capacity and experience to assist in the financing of real estate projects within the community.
(d) The community enhancement projects for which a community development organization applies for Program funds may be located in more than one political subdivision.
Frequently Asked Questions About Maryland § 6-504
What does Maryland Code § 6-504 cover?
Section 6-504 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 § 6-504?
A common citation format is "Maryland Code § 6-504" (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 § 6-504 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.