Passed BothConf. Cmte
- Commercial Law - Maryland Credit Repair Businesses Act
- Sponsored by
- Senator Klausmeier
- In the Senate - Hearing 3/20 at 1:00 p.m.
- Fiscal and Policy Note
Recodifying and redefining credit repair businesses; delineating regulation for credit repair businesses by the Commissioner of Financial Regulation; prohibiting a credit repair business from charging or receiving money or other valuable consideration prior to full and complete performance of certain services; limiting the acceptable terms in subscription agreements; requiring that credit repair businesses be licensed in a certain manner and be subject to certain provisions; etc.
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( 14-1901, 14-19A-01 through 14-19A-17 )
( 11-302 )
Last Updated: 2/3/2020 2:35 PM