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Supplement to the Code of Public General Laws of Maryland, 1900
Volume 392, Page 70   View pdf image (33K)
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70 INSPECTIONS—INTEREST AND USURY. [ARTS. 48 & 49

guilty of a misdemeanor, and upon conviction thereof shall be
punished by a fine of not less than one hundred dollars, or more
than five hundred dollars, or by imprisonment for not less than
one month or more than six months, or by both such fine and
imprisonment.

1900, ch. 287.

92. Whenever the State chemist becomes cognizant of the
violation of any of the provisions of this sub-title he shall
report such violation to the State's attorney having jurisdiction,
who shall prosecute the party or parties thus reported; but it
shall be the duty of said State chemist to notify the manufac-
turer, importer or dealer in writing, before reporting same to
State's attorney, and give him not less than thirty days there-
after in which to comply with the requirements of this sub title,
but there shall be no prosecution in relation to the quality ef
any concentrated commercial feeding stuff if the same shall be
found substantially equivalent to the certified statement named
in section 87.

ARTICLE XLIX.

INTEREST AND USURY.

7. Legal rate of interest upon money loaned on chattel mortgages; fees
for valuation of property, etc. Penalty for violation.

1960, ch. 404.

7. It shall not be lawful for any individual, partnership, asso-
ciation or corporation lending money upon chattel mortgages
within the limits of this State to have or charge for the use of
money so loaned more than the lawful rate of interest thereon, as
fixed by the provisions of section 57 of article 4, of the Constitu-
tion, and no additional sums, either in the way of bonus or other-
wise, shall be required or exacted of the borrower or borrowers;
and further, no charges for examination or valuation of property
offered, insurance of same, and preparation, execution and record-


 

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Supplement to the Code of Public General Laws of Maryland, 1900
Volume 392, Page 70   View pdf image (33K)
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