§ 10-507. Recovery of State grant funds

   (a) Conditions. -- The State may recover State grant funds if, within 15 years after completion of a project:

   (1) the project's property 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) Amount. -- The State is entitled to recover the sum of:

   (1) an amount that equals the value of the project property 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 attorneys' fees that the State incurs in recovery proceedings.

HISTORY: An. Code 1957, art. 70B, § 30(a)-(c); 2007, ch. 3, § 2.