Section 7-211 - Right of first purchase - No application to plan of action.

§ 7-211. Right of first purchase - No application to plan of action.
 

The right of first purchase under this subtitle does not apply to the prepayment of a mortgage and sale of an assisted project if the prepayment and sale are done under a plan of action approved by the Secretary of Housing and Urban Development under § 225 of the Housing and Community Development Act of 1987, 12 U.S.C. § 4107. 
 

[An. Code 1957, art. 83B, § 9-104(l); 2005, ch. 26, § 2.]