Maryland Commercial Law Section 14-1703

Article - Commercial Law

§ 14-1703.

      The written statement required by § 14-1702 of this subtitle shall disclose to the applicant:

            (1)      The applicant's right to a statement of reasons within 30 days after receipt by the lender or credit grantor of a request made within 60 days after notification, made under § 14-1702(a) of this subtitle;

            (2)      The identity of the person or office from which the statement of reasons may be obtained; and

            (3)      The right of the applicant to have the statement of reasons confirmed in writing on written request.



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