Maryland Financial Institutions Section 9-424

Article - Financial Institutions

§ 9-424.

      (a)      A savings and loan association may require a borrower to pay all charges in connection with a loan to the borrower.

      (b)      At each settlement, a savings and loan association shall give the borrower a memorandum of settlement that details each charge made in connection with the settlement.

      (c)      This section does not modify the usury laws of this State.



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