PocketLaw | Maryland Code | Credit Grantor Revolving Credit Provisions

Credit Grantor Revolving Credit Provisions

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Definitions

Authorized extensions of credit

Interest and finance charges

Variation in periodic percentage rate

Additional fees and charges

Plan authorizing both loans and purchases

Plan connected with demand deposit account

Deferral of scheduled payments; deferral charge

Insurance generally

Section
12-909.1

Insurance binders

Charges for default or delinquency

Attorney's fees; court or other collection costs

Amendment of plan agreement

Applicability of other laws

Section
12-913.1

Election of applicable laws

Section
12-913.2

Delivery of plan agreement; proof of delivery

General provisions

Applicability of certain provisions of Financial Institutions Article; license to be issued by Commissioner of Financial Regulation

Complaint procedure

Criminal penalties

Civil penalties

Section
12-918.1

Civil penalties -- Exception

Limitation of actions

Limitation on credit grantor's liability

Repossession

Definitions; financing agreements

Agreements governing revolving credit plans

Section
12-923.1

Use of revolving credit plan to acquire interest in or to carry on a business or commercial enterprise

Release of lien securing extension of credit

Credit grantor to consider borrower's ability to repay loan.