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§ 12-305. Discrimination

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 12. Credit Regulations
Subtitle 3. Consumer Loans--Credit Provisions (Refs & Annos)
MD Code, Commercial Law, § 12-305
§ 12-305. Discrimination
(a) In granting or denying an application for a loan, a licensee may not discriminate against any loan applicant only on the basis of race, color, creed, national origin, sex, marital status, or age.
(b)(1) A licensee is not in violation of this section if the licensee is in compliance with the federal Equal Credit Opportunity Act1 and the regulations adopted under that act.
(2) Denying an application for a loan by an applicant who is a minor is not discrimination on the basis of age.

Credits

Added by Acts 1975, c. 49, § 3, eff. July 1, 1975. Amended by Acts 1976, c. 166, § 1; Acts 1977, c. 693, § 2.
Formerly Art. 11, § 206.

Footnotes

Pub.L. 90-321, Title VII, as added Pub.L. 93-495, Title V, Oct. 28, 1974, 88 Stat. 1521, codified at 15 U.S.C.A. § 1691 et seq.
MD Code, Commercial Law, § 12-305, MD COML § 12-305
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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