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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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LAND USE |
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DIVISION II. MARYLAND-NATIONAL CAPITAL PARK AND PLANNING COMMISSION. |
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TITLE 24. MONTGOMERY COUNTY PROVISIONS. |
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SUBTITLE 3. DEVELOPMENT RIGHTS AND RESPONSIBILITIES AGREEMENTS. |
§ 24-306. Term.
Latest version.
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(a) In general. -- Except as otherwise provided in the agreement under § 24-305(a)(3) of this subtitle or extended by amendment under subsection (b) of this section and § 24-308 of this subtitle, an agreement is void 5 years after execution by the parties.
(b) Extension. -- If approved by the district council or County Executive, as appropriate, the term of an agreement may be extended.