Maryland Statutes
Part I - Capital Improvement Grants Program
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.

Structure Maryland Statutes