2014 Maryland Code
Commercial Law
Title 14 - Miscellaneous Consumer Protection Provisions
Subtitle 17 - Denial of Credit -- Disclosure
§ 14-1703. Contents of statement -- In general
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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