# Financial Institutions (GFI)

## Title 1. Definitions; General Provisions

### Subtitle 2. General Provisions

#### Section 1-209

(a) Only the State may enact a law which purports to regulate extensions of credit made by a financial institution.

(b) This section does not:

  (1) Affect federal law preemption of State law;

  (2) Restrict or otherwise affect local laws that establish property ownership or the rights and obligations of property owners;

  (3) Restrict or otherwise affect a local government's ability to regulate its fiscal, economic, or community development policy;

  (4) Restrict or otherwise affect a local government's ability to enact laws or adopt regulations relating to fair housing or other civil rights; or

  (5) Restrict or otherwise affect a local government's ability to establish or administer loan programs to assist residents with financial needs.

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