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§ 27-225. Confessed judgment clause in bail bond agreement; limitation

West's Annotated Code of MarylandInsuranceEffective: October 1, 2017

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 27. Unfair Trade Practices and Other Prohibited Practices (Refs & Annos)
Subtitle 2. Unfair Methods of Competition and Unfair and Deceptive Acts or Practices (Refs & Annos)
Effective: October 1, 2017
MD Code, Insurance, § 27-225
§ 27-225. Confessed judgment clause in bail bond agreement; limitation
Currentness
“Bail bond” defined
(a) In this section “bail bond” has the meaning stated in § 10-301 of this article.
Limitation on confessed judgment clause included in bail bond agreement
(b) A confessed judgment clause that waives a consumer's right to assert a legal defense to an action may not be included in a bail bond agreement.

Credits

Added by Acts 2017, c. 807, § 1, eff. Oct. 1, 2017.
MD Code, Insurance, § 27-225, MD INSURANCE § 27-225
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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