Compliance News: Maryland Financial Consumer Protection Act of 2018
On May 15, 2018 Gov. Larry Hogan (R) passed into law MD SB 1068 (2018) which, among other provisions, exempts certain loans from the provisions of Subtitle 1, Title 12 of Maryland’s Commercial Law, if such loans are declared to be made pursuant to certain other laws (see http://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=billpage&stab=01&id=sb1068&tab=subject3&ys=2018RS)….