1. (a) Except as provided in subsection (b) of this section, a lender may not refuse to lend money to any person solely because of:

   1. (1) Geographic area or neighborhood; or
   2. (2) Race, creed, color, age, sex, sexual orientation, gender identity, disability, marital status, handicap, or national origin.

2. (b) A lender may refuse to make a loan:

   1. (1) On property outside a geographic area of the State in which the lender normally does business;
   2. (2) To be used in a type of business or activity other than a type in connection with which the lender normally makes loans; or

   3. (3) Because of a greater than normal risk, including one due to:

      1. (i) The presence of an airport;
      2. (ii) An unusual drainage condition; or
      3. (iii) Any other situation which causes a greater than normal risk of loss in a particular area.

Added by Acts 1975, c. 49, § 3, eff. July 1, 1975. Amended by Acts 2024, c. 377, § 1, eff. Oct. 1, 2024.

Formerly Art. 49, § 13.