Md. Code, Com. Law § 12-1002

Maryland · Maryland Code, Commercial Law · Status: effective

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Citation: Md. Code, Com. Law § 12-1002, Maryland, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1758044
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(a) Any credit grantor may, subject to the other provisions of this subtitle, offer and extend closed end credit to a borrower. (b) In connection with closed end credit offered and extended under this subtitle, a credit grantor may charge and collect the interest and other charges permitted by this subtitle and may take any security as collateral as may be acceptable to the credit grantor.