# Commercial Law (GCL)

## Title 12. Credit Regulations

### Subtitle 10. Credit Grantor Closed End Credit Provisions

#### Section 12-1020

A credit grantor is not liable for any failure to comply with a provision of this subtitle if, within 60 days after discovering an error and prior to institution of an action under this subtitle or the receipt of written notice from the borrower, the credit grantor notifies the borrower of the error and makes whatever adjustments are necessary to correct the error.

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Md. Code Ann., Com. Law (as displayed at mgaleg.maryland.gov, October 16, 2026)