Maryland Statutes
Subtitle 2 - General Provisions
Section 1-209 - Regulation of Extension of Credit

(a)    Only the State may enact a law which purports to regulate extensions of credit made by a financial institution.
    (b)    This section does not:
        (1)    Affect federal law preemption of State law;
        (2)    Restrict or otherwise affect local laws that establish property ownership or the rights and obligations of property owners;
        (3)    Restrict or otherwise affect a local government’s ability to regulate its fiscal, economic, or community development policy;
        (4)    Restrict or otherwise affect a local government’s ability to enact laws or adopt regulations relating to fair housing or other civil rights; or
        (5)    Restrict or otherwise affect a local government’s ability to establish or administer loan programs to assist residents with financial needs.

Structure Maryland Statutes