Legislation
- Title
- Maryland Collection Agency Licensing Act - Definitions and Legislative Intent
- Sponsored by
- The Speaker (By Request - Office of the Attorney General) and Delegates Bagnall, Barron, Brooks, Carr, Charkoudian, Crosby, Cullison, D.E. Davis, W. Fisher, Gilchrist, Holmes, Ivey, Lehman, Lierman, Love, Patterson, Pena-Melnyk, Pendergrass, Qi, Rosenberg, Sample-Hughes, Stein, Washington, and Williams
- Status
- In the House - Unfavorable Report by Economic Matters
- Analysis
- Fiscal and Policy Note
Synopsis
Defining "mortgage lender" to mean a person that is duly licensed under certain provisions of the Financial Institutions Article; clarifying the definition of "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 June 1, 2020.
Committees
- Original:
- Economic Matters Click to view Recorded Media
Committee Testimony
Details
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Last Updated: 9/22/2020 1:45 PM