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Session Laws, 1990 Session
Volume 436, Page 73   View pdf image (33K)
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WILLIAM DONALD SCHAEFER, Governor Ch. 6
12-801.

(d) "Lender" means a person defined as a mortgage lender under [§
ll-501(h)(l)(ii)] § 11-501(J)(1)(II) of the Financial Institutions Article.

(e) "Mortgage broker" means a person defined as a mortgage lender under [§

11-501(h)(l)(i)] § 11-501(J)(1)(I) of the Financial Institutions Article.

DRAFTER'S NOTE:

Error: Erroneous cross-references in § 12-801(d) and (e) of the
Commercial Law Article.

Occurred: Ch. 476, Acts of 1989.

12-912.

(c) (5) Any borrower who gives timely notice of refusal may use the account
pursuant to its original, unamended terms for:

(i) The duration of the time for which a fee was paid for use of the
plan through the borrower's credit device; or

(ii) If no fee is paid for use of the plan or if the remaining time
period for which a fee was paid for use of the plan through the borrower's credit device
is less than 3 [months] MONTHS, a period of time of not less than 3 months and not
more than 1 year from the date of mailing of the notice of refusal.

DRAFTER'S NOTE:

Error: Omitted comma in § 12-912(c)(5)(ii) of the Commercial Law
Article.

Occurred: Ch. 651, Acts of 1989.

13-316.

(c) (1) A servicer shall designate a contact to whom mortgagors may direct
complaints and [inquires] INQUIRIES.

DRAFTER'S NOTE:

Error: Misspelling in § 13-316(c)(l) of the Commercial Law Article.

Occurred: Ch. 313, Acts of 1987.

Article - Corporations and Associations

3-202.

(c) Unless the transaction is governed by § 3-602 of this title or is exempted by

- 73 -


 

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Session Laws, 1990 Session
Volume 436, Page 73   View pdf image (33K)
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