§ 14-3804. Disclosure form requirements
West's Annotated Code of MarylandCommercial LawEffective: October 1, 2010
Effective: October 1, 2010
MD Code, Commercial Law, § 14-3804
§ 14-3804. Disclosure form requirements
“This is a loan. You are borrowing money against your tax refund. If your tax refund is less than expected, you will still owe the entire amount of the loan. If your tax refund is delayed, you may have to pay additional costs. You usually can get your tax refund in 8 to 15 days without getting a loan or paying extra fees. You can have your tax return filed electronically and your tax refund direct deposited into your bank account without obtaining a loan or other paid product.”.
“You are paying (amount of refund anticipation check fee) to get your tax refund check through (name of issuer of the refund anticipation check). You can avoid this fee and still receive your tax refund in the same amount of time by having your tax refund direct deposited into your bank account. You also can wait for the Internal Revenue Service to mail you a tax refund check.”.
Credits
Added by Acts 2010, c. 730, § 1, eff. Oct. 1, 2010.
MD Code, Commercial Law, § 14-3804, MD COML § 14-3804
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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