Maryland Code, FINANCIAL INSTITUTIONS 5-506

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Terms Used In Maryland Code, FINANCIAL INSTITUTIONS 5-506

Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See

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.

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