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Session Laws, 1977
Volume 735, Page 1447   View pdf image
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MARVIN MANDEL, Governor                            1447 Supplement) be and it is hereby repealed and reenacted,
with amendments, to read as follows: Article 49 - Interest and Usury 5. (b) Any person engaged in the business of making
loans for a consideration under § 12—103 (C) of the
Commercial Law Article, which includes any person making
more than five loans under § 12-103 (C) per year, other
than a banking institution, national banking association,
building and loan association, whether federally or State
chartered, credit union or licensee under any Maryland
lending provisions in any other article of the Code,
which is organized under the laws of this State or
otherwise is qualified to do business in this State,
before doing any lending business, shall obtain a license
from the Commissioner of Consumer Credit to do lending
business. The license required shall be applied for and
issued in accordance with and subject to all of the
licensing and examination provisions of Article 11
relating to the Maryland Consumer Loan Law—Licensing
Provisions. The provisions of this subsection shall not
apply with respect to loans made between relatives, or
between an employer and his employees, or between a
landlord and his tenants. Any person failing to comply
with these provisions shall be guilty of a misdemeanor,
and upon conviction thereof, shall be sentenced to pay a
fine of not more than $1,000, or suffer imprisonment of
not more than one year, or both, in the discretion of the
court. [In Baltimore City, the Municipal Court of
Baltimore City shall have jurisdiction to try cases under
this section.] SECTION 7. AND BE IT FURTHER ENACTED, That Section
54(e) of Article 59 - Mental Hygiene, of the Annotated
Code of Maryland (1972 Replacement Volume and 1976
Supplement) be and it is hereby repealed and reenacted,
with amendments, to read as follows: Article 59 — Mental Hygiene 54. The Mental Health Information and Review Service in
each judicial district of the State shall perform the
following duties, subject to directions made and rules
and regulations promulgated by the Court of Appeals in
agreement with the Commissioner of Mental Hygiene: (e) Provide services and assistance to patients and
their families and to the courts or the review board
having duties to perform relating to the mentally
disordered or the allegedly mentally disordered who are
admitted pursuant to Article 59 of this Code, as may be
required by a judge[, justice,] or chairman thereof and
pursuant to the said rules and regulations.


 
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Session Laws, 1977
Volume 735, Page 1447   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


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