WILLIAM DONALD SCHAEFER, Governor Ch. 404
certain escrow accounts under certain circumstances; generally prohibiting lender's
inspection fees under certain circumstances; limiting the ability of a credit grantor
to require certain borrowers to use the credit grantor's attorney or title insurance
company and providing for certain fees for certain legal services under certain
circumstances; providing for the effective dates of this bill; defining certain terms;
repealing certain obsolete provisions; generally relating to the retroactive limitation
of applicability of certain provisions related to credit and lending to certain credit
grantors who have elected to operate under the Credit Deregulation Act; and
generally relating to the prospective requirements under which a credit grantor may
extend credit under the Credit Deregulation Act.
BY repealing and reenacting, with amendments,
Article - Commercial Law
Section 12-913, 12-1013, and 12-1014
Annotated Code of Maryland
(1990 Replacement Volume and 1992 Supplement)
BY repealing and reenacting, without amendments,
Article - Commercial Law
Section 12-914
Annotated Code of Maryland
(1990 Replacement Volume and 1992 Supplement)
BY repealing and reenacting, with amendments,
Article - Commercial Law
Section 12-913, 12-1013, and 12-1014
Annotated Code of Maryland
(1990 Replacement Volume and 1992 Supplement)
(As enacted by Section 1 of this Act)
BY adding to
Article - Commercial Law
Section 12-901(k) and (1), 12-913.1, 12-913.2, 12-921(1), 12-922 through 12-924,
12-1001(j) and (k), 12-1013.1, 12-1013.2, 12-1021(1), and 12-1022 through
12-1028
Annotated Code of Maryland
(1990 Replacement Volume and 1992 Supplement)
BY repealing and reenacting, with amendments,
Article - Commercial Law
Section 12-901(d), 12-914, 12-916, 12-918, 12-921(j)(l), 12-1001(d) and (h),
12-1002, 12-1010, 12-1016, 12-1018, and 12-1021(j)
Annotated Code of Maryland
(1990 Replacement Volume and 1992 Supplement)
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