§ 5–506
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 5-506 (2026)
Title 5. Banking Institutions -- General Provisions
Subtitle 5. Miscellaneous Regulations
§ 5–506LinkCopy Citation
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.