(a) In accordance with this subtitle, Montgomery County is authorized to create a body corporate and politic to be known as the Montgomery County Student Loan Refinancing Authority. (b) The purpose of the Authority is to provide a system of financial assistance consisting of affordable grants, loans, and other aids to enable Montgomery County residents, graduates of […]
(a) Before Montgomery County may establish the Montgomery County Student Loan Refinancing Authority, the county shall: (1) Study aspects of implementing the Authority in accordance with State and county law, including: (i) Performing a feasibility and demand study; (ii) Assessing the potential benefit to recruitment and retention of county and school system employees; and (iii) Studying the operation of similar […]
(a) If Montgomery County establishes the Montgomery County Student Loan Refinancing Authority, the Authority shall meet the requirements of this section. (b) The Montgomery County Student Loan Refinancing Authority shall be subject to: (1) The Montgomery County public ethics law; and (2) The Open Meetings Act under Title 3 of the General Provisions Article. (c) If the Montgomery County Student […]