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§ 1-209. Construction with federal and local laws

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 1. Definitions; General Provisions
Subtitle 2. General Provisions (Refs & Annos)
MD Code, Financial Institutions, § 1-209
§ 1-209. Construction with federal and local laws
Currentness
In general
(a) Only the State may enact a law which purports to regulate extensions of credit made by a financial institution.
Powers of local government
(b) This section does not:
(1) Affect federal law preemption of State law;
(2) Restrict or otherwise affect local laws that establish property ownership or the rights and obligations of property owners;
(3) Restrict or otherwise affect a local government's ability to regulate its fiscal, economic, or community development policy;
(4) Restrict or otherwise affect a local government's ability to enact laws or adopt regulations relating to fair housing or other civil rights; or
(5) Restrict or otherwise affect a local government's ability to establish or administer loan programs to assist residents with financial needs.

Credits

Added by Acts 2002, c. 532, § 2, eff. June 1, 2002.
MD Code, Financial Institutions, § 1-209, MD FIN INST § 1-209
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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