- Maryland Collection Agency Licensing Act - Definitions and Legislative Intent
- Sponsored by
- The President (By Request - Office of the Attorney General) and Senators Benson, Carter, Ellis, Griffith, Kagan, Kelley, Lee, Patterson, Rosapepe, Smith, Sydnor, Waldstreicher, Washington, Young, and Zucker
- In the Senate - Hearing 2/11 at 1:00 p.m.
- Fiscal and Policy Note
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.
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Last Updated: 9/22/2020 2:57 PM