Volume 769, Page 2239 View pdf image |
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WILLIAM DONALD SCHAEFER, Governor Ch. 469 penalties; providing administrative remedies; providing BY adding to Article - Commercial Law Section 14-1901 through 14-1916, inclusive, to be under the new subtitle "Subtitle 19. Maryland Credit Services Businesses Act" SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF Article - Commercial Law SUBTITLE 19. MARYLAND CREDIT SERVICES BUSINESSES ACT 14-1901. (A) IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE MEANINGS (B) (1) "CREDIT SERVICES BUSINESS" MEANS ANY PERSON WHO, (I) IMPROVING A CONSUMER'S CREDIT RECORD, CONSUMER; OR (II) OBTAINING AN EXTENSION OF CREDIT FOR A (III) PROVIDING ADVICE OR ASSISTANCE TO A (2) "CREDIT SERVICES BUSINESS" DOES NOT INCLUDE: (I) ANY PERSON AUTHORIZED TO MAKE LOANS OR (II) ANY BANK, TRUST COMPANY, SAVINGS BANK, OR - 2239 -
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Volume 769, Page 2239 View pdf image |
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