HARRY HUGHES, Governor                                  4787

(b) (2) The surety bond shall be:

(i) In the amount required by subsection
(d) of this section; AND

(ii) Issued by a bonding company or
Insurance company that is authorized to do business in this
State.

12-510.

(a) [(1) "Consumer loan" means] IN THIS SECTION,
"CONSUMER LOAN":

(1)  MEANS a loan for personal, family, or
household purposes[.]; AND

(2)   ["Consumer loan" does] DOES not include a
commercial loan or corporate loan referred to in § 12-103(e)
of the Commercial Law Article.

13-232.

(a) To apply for financial assistance, an applicant
shall submit to the Authority an application on the form
that the Authority [requires] PROVIDES.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1982.

Approved June 1, 1982.

CHAPTER 883

(House Bill 1410)

AN ACT concerning

Banking Institutions - Canceled Checks

FOR the purpose of requiring banking institutions to return
canceled checks to customers on a monthly basis unless
the customer signs a waiver agreement; prohibiting a
banking institution from requiring a waiver agreement
as a condition for obtaining a checking account;
requiring a banking institution to return, at no
additional charge to the customer, any canceled check
certain canceled checks that the customer specifically
requests within a certain amount of time even though
checks are not regularly returned for the account; and
providing certain exception offering a truncated