(a) If a request is made under § 14-865 of this subtitle, the Attorney General or attorney requested to initiate an action shall initiate the action.
(b) If the Attorney General and the Treasurer, or the collector, the chief fiscal officer, and the attorney of the county or municipal corporation agree that the full amount of the claim would be uncollectible, the Attorney General or attorney may:
(1) compromise the claim;
(2) accept a lesser amount on behalf of the collector or State Treasurer; and
(3) issue a release of the claim or satisfaction of the judgment.