- (a) If a banking institution rejects an application for a residential mortgage loan, the banking institution shall give the applicant, at the applicant's request, written notice of the rejection.
- (b) The applicant may use this written notice as evidence of rejection for purposes of the Maryland Home Financing Program.
Added by Acts 1980, c. 33, § 2, eff. July 1, 1980.
Formerly Art. 11, § 108-I.