Volume 772, Page 2206 View pdf image |
Ch. 404 1993 LAWS OF MARYLAND (h) (1) "Balloon payment" means any scheduled payment on an installment (2) "BALLOON PAYMENT" DOES NOT INCLUDE A DOWN PAYMENT. (J) "COMMERCIAL LOAN" AND "EXTENSION OF CREDIT FOR A COMMERCIAL (1) SOLELY TO ACQUIRE AN INTEREST IN OR TO CARRY ON A BUSINESS (2) TO ANY BUSINESS OR COMMERCIAL ORGANIZATION. (K) "RESIDENTIAL REAL PROPERTY" MEANS OWNER-OCCUPIED REAL 12-1002. (a) Any credit grantor may, subject to the other provisions of this subtitle, offer (b) In connection with [a] closed end. [account] CREDIT OFFERED AND 12-1010. (a) [A] EXCEPT AS PROVIDED UNDER SUBSECTION (C) OF THIS SECTION, A (b) For purposes of this section, "the entire outstanding and unpaid amount of a (1) If the interest and charges in respect of the loan were not precomputed, (2) If the interest and charges on the loan were precomputed, the total of (C) A CREDIT GRANTOR MAY NOT IMPOSE ANY REFINANCING CHARGES ON - 2206 -
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Volume 772, Page 2206 View pdf image |
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