Maryland Collection Agency Licensing Act - Definitions and Legislative Intent
Sponsor: SpeakerCommittee: Economic MattersSubject: Business Regulation and OccupationsStatus: First Reading Senate Rules (as of Sep 19, 2019)
What this bill does
Official 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.
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Testimony (0)
MGA witness listNo witness list on file. It is scraped after hearings are scheduled; check the MGA link above.