§ 14-4201

Maryland § 14-4201

• Jurisdiction: Maryland
• Article gcl: Commercial Law
• Title: 14

Text

(a) In this subtitle the following words have the meanings indicated.

(b) “Commissioner” means the Commissioner of Financial Regulation in the Maryland Department of Labor.

(c) “Consumer borrower” means an individual receiving a loan or other extension of credit for personal, household, or family purposes.

(d) “Mobile home” has the meaning stated in § 11–501 of the Financial Institutions Article.

(e) “Mobile home retailer” means a person that:

(1) Sells mobile homes at retail;

(2) Provides information regarding financing products to a borrower for the purchase of a mobile home; and

(3) Is not:

(i) A mortgage lender, as defined in § 11–501 of the Financial Institutions Article; or

(ii) A mortgage originator, as defined in § 11–601 of the Financial Institutions Article.