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§ 14-1912. Noncompliance

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 14. Miscellaneous Consumer Protection Provisions
Subtitle 19. Maryland Credit Services Businesses Act (Refs & Annos)
MD Code, Commercial Law, § 14-1912
§ 14-1912. Noncompliance
Currentness
(a) Any credit services business which willfully fails to comply with any requirement imposed under this subtitle with respect to any consumer is liable to that consumer in an amount equal to the sum of:
(1) Any actual damages sustained by the consumer as a result of the failure;
(2) A monetary award equal to 3 times the total amount collected from the consumer, as ordered by the Commissioner;
(3) Such amount of punitive damages as the court may allow; and
(4) In the case of any successful action to enforce any liability under this section, the costs of the action together with reasonable attorney's fees as determined by the court.
(b) Any credit services business which is negligent in failing to comply with any requirement imposed under this subtitle with respect to any consumer is liable to that consumer in an amount equal to the sum of:
(1) Any actual damages sustained by the consumer as a result of the failure; and
(2) In the case of any successful action to enforce any liability under this section, the cost of the action together with reasonable attorney's fees as determined by the court.

Credits

Added by Acts 1987, c. 469, § 1, eff. July 1, 1987. Amended by Acts 1990, c. 669.
MD Code, Commercial Law, § 14-1912, MD COML § 14-1912
Current through all legislation from the 2022 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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