§ 12-1022. Financing agreements; sanctions; construction
West's Annotated Code of MarylandCommercial LawEffective: July 1, 2017
Effective: July 1, 2017
MD Code, Commercial Law, § 12-1022
§ 12-1022. Financing agreements; sanctions; construction
(b)(1) A lender who offers to make or procure a loan secured by a first mortgage or first deed of trust on residential real property to be occupied by the borrower shall provide the borrower with a financing agreement executed by the lender within 10 business days after the date the loan application is completed.
Credits
Added by Acts 1993, c. 404, § 2, eff. Oct. 1, 1993. Amended by Acts 2017, c. 484, § 1, eff. July 1, 2017.
MD Code, Commercial Law, § 12-1022, MD COML § 12-1022
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.
End of Document |