Md. Code, Financial Institutions § 5-506

Md. Code, Financial Institutions § 5-506
in effect
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Before a banking institution makes an unsecured loan of $10,000 or more to any person, the banking institution shall obtain sufficient financial information from the person to support the loan.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi&section=5-506&enactments=falseFetched: 10/17/2026