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§ 12-408. Frequency of refinancing

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 12. Credit Regulations
Subtitle 4. Secondary Mortgage Loans--Credit Provisions (Refs & Annos)
MD Code, Commercial Law, § 12-408
§ 12-408. Frequency of refinancing
Currentness
A lender may not refinance a loan more often than:
(1) Once during any twelve-month period of the loan; and
(2) Twice during any five-year period of the loan.

Credits

Added by Acts 1975, c. 49, § 3, eff. July 1, 1975.
Formerly Art. 66, § 64.
MD Code, Commercial Law, § 12-408, MD COML § 12-408
Current through legislation effective through April 25, 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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