Problem:

Project is on a shared network drive.  When run, gets runtime error:

System.TypeInitializationException was unhandled

Resolution:

Need to change the Permission Set for LocalIntranet_Zone code group:

Open the .NET Framework Config Wizard:

Control Panel > Admin Tools > Microsoft .NET Framework 2.0 Configuration

On the Configuration Wizard, go to:

My Computer > Runtime Security Policy > Machine > Code Groups > All_Code > LocalIntranet_Zone

Right click on LocalIntranet_Zone and go to Properties

On the Permission Set tab click the dropdown box and select FullTrust

Click OK