Legislation
- Title
- Maryland Collection Agency Licensing Act - Definitions and Legislative Intent
- Sponsored by
- The Speaker (By Request - Office of the Attorney General) and Delegates Anderson, Atterbeary, Barron, Branch, Bromwell, Brooks, Charkoudian, Clippinger, Crosby, Cullison, D.E. Davis, Dumais, Fennell, Gaines, Glenn, Hettleman, Hill, Holmes, Kelly, Kipke, Korman, R. Lewis, Lierman, Lisanti, Luedtke, Moon, Mosby, Pena-Melnyk, Pendergrass, Queen, Sample-Hughes, Stein, Valderrama, Valentino-Smith, Wilson, and Sydnor
- Status
- In the Senate - First Reading Senate Rules
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Defining the term "mortgage lender" to mean a person that is duly licensed under certain provisions of the Financial Institutions Article; clarifying the definition of the term "consumer claim"; and declaring the intent of the General Assembly that the Act be construed as clarifying the Maryland Collection Agency Licensing Act and that, with regard to sales of real property to bona fide purchasers, the Act applies only to sales made on or after the June 1, 2019.
Committees
- Original:
- Economic Matters Click to view Recorded Media
- Opposite:
- Rules
Details
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Statutes
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7-101 )
Last Updated: 2/3/2020 2:30 PM