Md. Code Ann., Com. Law § 14-1904
Information statement provided
Effective Oct 1, 2019Added by Acts 1987, c. 469, § 1, eff. July 1, 1987. Amended by Acts 2019, c. 88, § 1, eff. Oct. 1, 2019.State of Maryland
- (a) This section does not apply to a credit services business providing the services described in § 14-1901(e)(1)(ii) of this subtitle.
- (b) Before either the execution of a contract or agreement between a consumer and a credit services business or the receipt by the credit services business of any money or other valuable consideration, the credit services business shall provide the consumer with a written information statement containing all of the information required under § 14-1905 of this subtitle.
- (c) The credit services business shall maintain on file for a period of 2 years from the date of the consumer's acknowledgment a copy of the information statement signed by the consumer acknowledging receipt of the information statement.
Added by Acts 1987, c. 469, § 1, eff. July 1, 1987. Amended by Acts 2019, c. 88, § 1, eff. Oct. 1, 2019.