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Code · Maryland · Commercial Law

§ 14-4201

124 words·~1 min read·/md/commercial-law/14-4201

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§14–4201.
(a)In this subtitle the following words have the meanings indicated.
(b)“Commissioner” means the Commissioner of Financial Regulation in the Maryland Department of Labor.
(c)“Consumer borrower” means an individual receiving a loan or other extension of credit for personal, household, or family purposes.
(d)“Mobile home” has the meaning stated in § 11–501 of the Financial Institutions Article.
(e)“Mobile home retailer” means a person that:
(1)Sells mobile homes at retail;
(2)Provides information regarding financing products to a borrower for the purchase of a mobile home; and
(3)Is not:
(i)A mortgage lender, as defined in § 11–501 of the Financial Institutions Article; or
(ii)A mortgage originator, as defined in § 11–601 of the Financial Institutions Article.
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