Section 14-1904 - Information statement. - Maryland Statutes

§ 14-1904. Information statement.
 

(a)  Duty to provide.- Before either the execution of a contract or agreement between a consumer and a credit services business or the receipt by the credit services business of any money or other valuable consideration, the credit services business shall provide the consumer with a written information statement containing all of the information required under § 14-1905 of this subtitle. 

(b)  Filing.- The credit services business shall maintain on file for a period of 2 years from the date of the consumer's acknowledgment a copy of the information statement signed by the consumer acknowledging receipt of the information statement. 
 

[1987, ch. 469.]