Maryland § 12-918.1
Full text of Maryland Maryland Code § 12-918.1, with citation guidance and answers to common questions.
§ 12-918.1.
(a) In this section, “Commissioner” means the Commissioner of Financial Regulation.
(b) Except as provided in subsection (c) of this section, the penalty provided under § 12–918(a)(2) of this subtitle does not apply if a credit grantor:
(1) Performed or omitted to perform an act in conformity with or in reliance on:
(i) A written opinion of the Attorney General of Maryland or a regulation adopted by the Commissioner;
(ii) A written opinion by the Commissioner or Deputy Commissioner; or
(iii) An interpretation by the Commissioner in a written notice or examination report; or
(2) Used a form or procedure that has been approved in writing by the Commissioner and the Attorney General.
(c) The provisions of subsection (b) of this section do not apply to an act or omission to act that occurs after:
(1) The opinion, regulation, or interpretation relied on is amended, repealed, or determined to be invalid for any reason by any judicial or other authority; or
(2) Approval for a form or procedure is amended, rescinded, or determined to be invalid for any reason by any judicial or other authority.
(d) This section may not be construed to:
(1) Limit the imposition of any civil or criminal penalty for a knowing or willful violation of this subtitle; or
(2) Limit the power of the Commissioner or the courts to order a refund to a borrower of moneys collected in violation of this subtitle.
Frequently Asked Questions About Maryland § 12-918.1
What does Maryland Code § 12-918.1 cover?
Section 12-918.1 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 12-918.1?
A common citation format is "Maryland Code § 12-918.1" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 12-918.1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.