PARRIS N. GLENDENING, Governor                          H.B. 1328

(i) Any bank, trust company, DEPOSITORY INSTITUTION, or savings
bank having fits principal place of business] A BRANCH in this State [and incorporated
under the laws of this State or any depository institution having its principal place of
business in this State and organized under the authority of the United States];

(ii) Any subsidiary of a bank holding company, as defined in the
Federal Bank Holding Company Act of 1956, as amended, which is domiciled, doing
business, and offering a revolving credit plan involving the issuance of credit devices in
this State; and

(iii) Any person who acquires or obtains the assignment of a revolving
credit plan made under this subtitle.

12-916.

(e) For purposes of this section:

(1)     "Complaining party" means an individual who files a written complaint with
the Commissioner pursuant to this section.

(2)     "Commissioner" means, and the rights of the "Commissioner" vest
exclusively in, the [bank commissioner] STATE BANK COMMISSIONER if the complaint is
filed against a [State-chartered] bank, trust company, savings bank, or credit union
ORGANIZED UNDER THE LAWS OF ANY STATE AND HAVING A BRANCH IN THIS
STATE.

any:

(3) The jurisdiction of the Commissioner of Consumer Credit does not apply to

(i) Incorporated bank, savings institution, or trust company;
(ii) Savings and loan association; or
(iii) Federal or State credit union.

12-1001.

(b) (1) "Credit grantor" means any individual, corporation, business trust,
estate, trust, partnership, association, two or more persons having a joint or common
interest, or any other legal or commercial entity making a loan or other extension of
credit under this subtitle which is incorporated, chartered, or licensed pursuant to State
or federal law, the lending operations of which are subject to supervision, examination.
and regulation by a State or federal agency or which is licensed under Title 12, Subtitle 4
of the Financial Institutions Article or is a retailer.

(2) "Credit grantor" includes:

(i) Any bank, trust company, DEPOSITORY INSTITUTION, or savings
bank having Tits principal place of business] A BRANCH in this State [and incorporated
under the laws of this State or any depository institution having its principal place of
business in this State and organized under the authority of the United States];

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