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2018 Regular Session



Commercial Law - Consumer Loans and Credit - Miscellaneous Provisions

Sponsored by:

Delegate Aumann


In the House - Hearing 2/16 at 1:00 p.m.

Synopsis:Prohibiting an unlicensed person from making a covered loan under certain circumstances; providing that certain loans are void and unenforceable under certain circumstances; prohibiting certain persons from receiving or retaining certain principal, interest, fees, or other compensation under certain circumstances; prohibiting certain persons from selling, assigning, or otherwise transferring certain loans; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Aumann and Frick
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2018
Economic Matters  View Committee Hearing
Broad Subject(s):Commercial Law - Credit Regulation
Financial Institutions
Narrow Subject(s):Agents and Brokers
Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Consumer Protection -see also- Unfair Trade Practices
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Financial Institutions -see also- Banks; Credit Unions; etc.
Licenses -see also- Alcoholic Bev Lic; Drivers' Licenses
Loans -see also- Mortgages
Prices -see also- Consumer Price Index
Statutes:Article - Commercial Law
(12-101, 12-111, 12-112, 12-114, 12-303, 12-311, 12-314, 12-601, 12-114.1)
Article - Financial Institutions

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February 19, 2018 9:52 A.M.