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Session Laws, 1990 Session
Volume 436, Page 50   View pdf image (33K)
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Ch. 6 LAWS OF MARYLAND
DRAFTER'S NOTE:

Error: Stylistic errors in Article 27, § 445(b) and (c)(l)(iii).

Occurred: Ch. 428, Acts of 1989.
465A.

No person, firm, or corporation having any connection whatsoever with the
settlement of real estate transactions involving land situated and lying in this State
shall, for the purpose of soliciting, obtaining, retaining, or arranging any real estate
settlement or real estate settlement business, pay to or receive from, any other person,
firm, or corporation any fee, compensation, gift (except promotional or advertising
materials for general distribution), thing of value, rebate, or other consideration,
including loans and advancements of commissions or deposit moneys. Any person, firm,
or corporation violating the terms of this section shall be guilty of a misdemeanor and
upon conviction shall be subject to a fine not to exceed [one thousand dollars
($1000. 00)] $1, 000 or to imprisonment for not more than [six (6) months, ] 6 MONTHS
or both. Every violation of this section shall constitute a separate offense and shall be
punishable as such. Nothing herein contained shall be construed as preventing the
payment of commissions to agents who have been duly licensed as such by the State
Insurance Department. Nothing herein shall prohibit the referral of any such business
from one attorney to another attorney, or prohibit any professional fee arrangement
between attorneys in such cases, if the referral or professional fee arrangement does not
violate [Article 56, § 227(a)(2) of the Code] § 16-605 OF THE BUSINESS
OCCUPATIONS AND PROFESSIONS ARTICLE.

DRAFTER'S NOTE:

Error: Stylistic errors and obsolete cross-reference in Article 27, § 465A.

Occurred: Stylistic errors occurred in Ch. 756, Acts of 1967. Obsolete
cross-reference occurred as a result of Ch. 563, Acts of 1988, which
transferred the provisions of Article 56, § 227 to Article 56A, § 4-605, and
Ch. 3, Acts of 1989, which transferred the provisions of Article 56A, § 4-605
to § 16-605 of the Business Occupations and Professions Article.

561A.

(a) (1) In this section the following words have the meanings indicated.

(2) (i) "State official" means a State official as defined in Article 40A,
[§ l-201(gg)] § 1-201(HH) of the Code.

DRAFTER'S NOTE:

Error: Obsolete cross-reference in Article 27, § 561A(a)(2)(i).

Occurred: As a result of Ch. 804, Acts of 1989, which redesignated the
subsections of Article 40A, § 1-201.

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Session Laws, 1990 Session
Volume 436, Page 50   View pdf image (33K)
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