§ 10-15-101. DEFINITIONS.  


Latest version.
  • (a)

    In general. In this subtitle the following words have the meanings indicated.

    (b)

    Clean energy financing agreement. "Clean energy financing agreement" means an agreement between a property owner and a clean energy lender providing for the terms and conditions of a clean energy loan.

    (c)

    Clean energy lender. "Clean energy lender" means a private lender providing a clean energy loan under the program.

    (d)

    Clean Energy Loan. "Clean Energy Loan" means any loan made by a private lender to a property owner under the program.

    (e)

    Clean Energy Loan Obligation. "Clean Energy Loan Obligation" means all indebtedness and obligations of a property owner to a clean energy lender under a clean energy financing agreement.

    (f)

    Certified General Real Estate Appraiser. "Certified General Real Estate Appraiser" means an individual who is certified as a real estate appraiser under Title 16 of the Business Occupations and Professions Article of the Annotated Code of Maryland.

    (g)

    Commercial property. "Commercial property" has the meaning stated in § 1-1101 of the Local Government Article of the Annotated Code of Maryland.

    (h)

    Program. "Program" means the Clean Energy Loan Program.

    (i)

    Program administrator. "Program administrator" means any person or entity chosen by the county to manage the program.

    (j)

    Property owner. "Property owner" means an owner of a commercial property.

(Bill No. 63-16 , § 1, 10-16-2016; Bill No. 58-17 , § 1, 11-13-2017)