Maryland Statutes

§ 12-413

Maryland·Article gcl Commercial Law·Title 12
Except for a bona fide error of computation, if a lender violates any provision of this subtitle he may collect only the principal amount of the loan and may not collect any interest, costs, or other charges with respect to the loan. In addition, a lender who knowingly violates any provision of this subtitle also shall forfeit to the borrower three times the amount of interest and charges collected in excess of that authorized by law.

Free access — add to your briefcase to read the full text and ask questions with AI

Maryland § 12-413 — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
§ 12-1001
§ 12-1001
§ 12-1002
§ 12-1002
§ 12-1003
§ 12-1003
§ 12-1004
§ 12-1004
§ 12-1005
§ 12-1005
§ 12-1006
§ 12-1006
§ 12-1007
§ 12-1007
§ 12-1007.1
§ 12-1007.1
§ 12-1008
§ 12-1008
§ 12-1009
§ 12-1009
§ 12-101
§ 12-101
§ 12-101.1
§ 12-101.1
§ 12-1010
§ 12-1010
§ 12-1011
§ 12-1011
§ 12-1012
§ 12-1012
View on official source ↗