§ 12–318
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 12-318 (2026)
Title 12. Credit Regulations
Subtitle 3. Consumer Loans -- Credit Provisions
§ 12–318LinkCopy Citation
(a)
A lender may not accept from any consumer, or give any consumer the option to provide, a tip.
(b)
A lender may not directly or indirectly suggest that providing a tip will influence:
(1)
The lender’s willingness to provide a loan to a consumer at any time; or
(2)
The terms of any loan offered to the consumer by that lender.
(c)
A lender who receives a tip may not be found in violation of this subtitle if the lender returns all of the tip within 7 days after receiving the tip.
(d)
A lender shall prominently disclose that it is prohibited from accepting a tip from a consumer.