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§ 11-202. Nature of Maryland Consumer Loan Law and powers of Commissioner

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 11. Consumer Credit
Subtitle 2. Consumer Loans--Licensing Provisions (Refs & Annos)
MD Code, Financial Institutions, § 11-202
§ 11-202. Nature of Maryland Consumer Loan Law and powers of Commissioner
In general
(a) The Maryland Consumer Loan Law1 does not change any powers conferred by law on any person who is not required or permitted to be licensed under this subtitle.
Commissioner without licensing powers
(b) The Commissioner may not license any bank, trust company, savings bank, credit union, or savings and loan association.

Credits

Added by Acts 1980, c. 33, § 2, eff. July 1, 1980.
Formerly Art. 58A, § 1.

Footnotes

Commercial Law, § 12-301 et seq.
MD Code, Financial Institutions, § 11-202, MD FIN INST § 11-202
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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