§ 26-601. Definitions
West's Annotated Code of MarylandEducationEffective: October 1, 2019
Effective: October 1, 2019
MD Code, Education, § 26-601
§ 26-601. Definitions
(b) “Consumer reporting agency” has the meaning stated in § 14-1201 of the Commercial Law Article.
(c) “Nonconforming payment” means a payment made by a student loan borrower that is more or less than the required payment for a student education loan account.
(d) “Servicing” means:
(e)(1) “Student education loan” means any loan that is:
(ii) Regardless of whether the loan is provided through the educational institution that the student loan borrower attends or directly to the student loan borrower from the lender, extended to an individual with the express expectation that the funds extended will be used in whole or in part to pay expenses that are included as part of the cost of attendance of a student as defined in 20 U.S.C. § 1087.
(f) “Student loan borrower” means a resident of the State who:
Credits
Added by Acts 2019, c. 546, § 1, eff. Oct. 1, 2019.
MD Code, Education, § 26-601, MD EDUC § 26-601
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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