- (a) Any person claiming against the surety bond for a violation of this subtitle may maintain an action against the credit services business and against the surety.
- (b) The surety shall be liable only for actual damages and not for the punitive damages permitted under § 14-1912 of this subtitle.
- (c) The aggregate liability of the surety to all persons damaged by a credit services business's violation of this subtitle may not exceed the amount of the surety bond.
Added by Acts 1987, c. 469, § 1, eff. July 1, 1987. Amended by Acts 1991, c. 628.