(a) The maximum charges stated in §§ 23-304 and 23-305 of this subtitle shall include all interest, fees, and charges incident to the premium finance agreement and the resulting extension of credit.
(b) Notwithstanding subsection (a) of this section, delinquency, collection, cancellation, reinstatement, and electronic payment fee charges may be made in accordance with the limitations of §§ 23-306, 23-307, and 23-307.1 of this subtitle.
Structure Maryland Statutes
Subtitle 3 - Premium Finance Agreements; Charges and Fees
Section 23-301 - Requirements for Premium Finance Agreements
Section 23-301.1 - Additional Inclusions
Section 23-301.2 - Assignment of Rights; Use as Collateral
Section 23-302 - Copies of Premium Finance Agreements
Section 23-302.1 - Financing Additional Premium
Section 23-302.2 - Notice of Additional Premium
Section 23-303 - Maximum Charges
Section 23-304 - Finance Charge
Section 23-305 - Initial Service Fee
Section 23-306 - Delinquency and Collection Charge
Section 23-307 - Cancellation Charge; Reinstatement Charge
Section 23-307.1 - Electronic Payment Fee
Section 23-308 - Dishonored Check Fee
Section 23-309 - Fee for Obtaining Clue Report
Section 23-310 - Perfection of Premium Finance Agreement as Secured Transaction