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2017 Maryland Code
Commercial Law
Title 14 - Miscellaneous Consumer Protection Provisions
Subtitle 13 - Miscellaneous Provisions
§ 14-1305. Credit card issued without request
Universal Citation: MD Comm L Code § 14-1305 (2017)
- (a) In general. -- Except as provided in subsection (c) of this section, if a credit card or card of identification for credit is issued to a person without his prior request or application, the card is not considered accepted until he signifies acceptance in writing or uses it to obtain credit.
- (b) Assumption of risk. -- Until an unrequested card is accepted, the issuer of the card:
- (1) Assumes the risk of its loss, theft, or unauthorized use; and
- (2) Is barred from any recovery against the person to whom the card is issued for any damages occasioned by that loss, theft, or unauthorized use.
- (c) Exception. -- This section does not apply if the card is issued for the purpose of renewal or replacement of an existing card originally applied for or accepted by the cardholder.
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