Consumer Credit - Commercial Financing Transactions
Sponsor: Brian M. Crosby (District 29B)Committee: Economic MattersSubject: Financial InstitutionsStatus: Unfavorable Report by Economic Matters; Withdrawn (as of Nov 15, 2022)
What this bill does
Official synopsis
Regulating commercial financing transactions, including by establishing requirements related to disclosures, calculations of annual percentage rates, terms of repayments, and other related items, and the extension of special offers; making a violation of the Act an unfair, abusive, or deceptive trade practice under the Maryland Consumer Protection Act and subject to certain enforcement and penalty provisions; etc.
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Testimony (0)
MGA witness listNo witness list on file because no hearing has been scheduled.