Maryland Statutes

§ 12-112

Maryland § 12-112
JurisdictionMaryland
Article gclCommercial Law
Title12

This text of Maryland § 12-112 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Md. Code Ann., Commercial Law § 12-112 (2026).

Text

(a)This section does not apply to a loan subject to § 12–114.1 of this subtitle.
(b)A claim or plea of usury is not available against a legal or equitable assignee, endorsee, or transferee of any bond, draft, mortgage, deed of trust, security agreement, promissory note, or other instrument or evidence of indebtedness, if he receives it for a bona fide and legal consideration without notice of any usury in its creation or subsequent assignment.

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Nearby Sections

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Bluebook (online)
Maryland § 12-112, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gcl/12-112.