Maryland § 9-102
Full text of Maryland Maryland Code § 9-102, with citation guidance and answers to common questions.
§ 9-102.
(a) The General Assembly finds that:
(1) some communities and neighborhoods in the State are in economic and social distress because of a shortage of significant private investment;
(2) financial institutions in the State are recognizing a heightened responsibility to provide financial assistance to these communities and neighborhoods; and
(3) federal and State regulators are requiring more community reinvestment by these financial institutions.
(b) The General Assembly therefore finds that the public interest is served by promoting the development of a financial vehicle to be operated by private financial institutions to:
(1) increase community reinvestment to neighborhoods and communities in the State that have urgent need for reinvestment;
(2) make community reinvestment by financial institutions easier and more desirable by spreading the financial risk and offering the experience of the State in providing community reinvestment lending; and
(3) forge partnerships among financial institutions and the State in meeting community reinvestment goals.
Frequently Asked Questions About Maryland § 9-102
What does Maryland Code § 9-102 cover?
Section 9-102 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 § 9-102?
A common citation format is "Maryland Code § 9-102" (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 § 9-102 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.