Any lender who knowingly and willfully violates any provision of § 12-103, § 12-109.2, § 12-119, § 12-120, or § 12-121 of this subtitle is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $500, or imprisonment not exceeding 6 months, or both.
Structure Maryland Statutes
Subtitle 1 - Interest and Usury
Section 12-101.1 - Applicable Provisions Governing Loans
Section 12-102 - General Legal Rate of Interest
Section 12-103 - Other Permitted Rates of Interest; Licensing Requirements
Section 12-104 - Interest Not Considered Usurious
Section 12-105 - Charges Not Considered Interest
Section 12-106 - Statements to Be Furnished by Lender
Section 12-106.1 - Requiring False Statement That Loan Is Commercial Loan
Section 12-107 - Computing Interest Rate if Charge Assessed at Inception of Loan
Section 12-108 - Points Prohibited; Exceptions; Charges Which Lenders May Impose
Section 12-109 - Interest on Escrow Accounts; Statement of Balance
Section 12-109.1 - Use of Escrow Account Funds for Certain Purposes Prohibited
Section 12-109.2 - Management of Escrow Accounts; Lender's Bankruptcy; Fees and Charges
Section 12-110 - Effect of Assignment on Usurious Loan or Contract
Section 12-111 - Limitation of Actions
Section 12-112 - Usury Not Available Against Bona Fide Assignee
Section 12-113 - Discrimination Prohibited
Section 12-114.1 - Covered Loan Prohibitions
Section 12-115 - Repossession of Goods Securing Loan
Section 12-116 - Refinancing of Loan at Higher Rate
Section 12-117 - Compliance With 14-1302
Section 12-118 - Change in Rate of Interest or Finance Charge During Term of Obligation
Section 12-119 - Real Property Closing Costs
Section 12-120 - When Borrower Required to Pay for Services of Lender's Attorney
Section 12-121 - Lender's Inspection Fees
Section 12-123 - Insurance Binders
Section 12-124 - Property Insurance Coverage
Section 12-124.1 - Homeowner Equity Protection
Section 12-125 - Financing Agreements
Section 12-126 - Prepayment of Outstanding Unpaid Indebtedness
Section 12-127 - Lender to Consider Homeowner's Ability to Repay Loan