# Commercial Law (GCL)

## Title 14. Miscellaneous Consumer Protection Provisions

### Subtitle 17. Denial of Credit -- Disclosure

#### Section 14-1703

The written statement required by Sec. 14-1702 of this subtitle shall disclose to the applicant:

(1) The applicant's right to a statement of reasons within 30 days after receipt by the lender or credit grantor of a request made within 60 days after notification, made under Sec. 14-1702(a) of this subtitle;

(2) The identity of the person or office from which the statement of reasons may be obtained; and

(3) The right of the applicant to have the statement of reasons confirmed in writing on written request.

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