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Maryland Code, Corporations and Associations § 5-6B-12

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) This section is intended to provide minimum standards for the protection of consumers in the State.

(b)(1) For purposes of this section, “consumer” means an actual or prospective purchaser, lessee, assignee, or transferee of a cooperative interest with respect to a residential unit.

(2) “Consumer” includes a co-obligor or surety for a consumer.

(c)(1) To the extent that a violation of a provision of this subtitle affects a consumer, that violation shall be within the scope of the enforcement duties and powers of the Division of Consumer Protection of the Office of the Attorney General, as described in Title 13 of the Commercial Law Article.

(2) The provisions of this subtitle shall otherwise be enforced by each agency of the State within the scope of its authority.

(d) A county or incorporated municipality, or an agency of one of those jurisdictions, may adopt laws or ordinances for the protection of a consumer to the extent and in the manner provided for under § 13-103 of the Commercial Law Article.

(e) Within 30 days after the effective date of a law, ordinance, or regulation enacted under this section which is expressly applicable to cooperative housing corporations, the local jurisdiction shall forward a copy of the law, ordinance, or regulation to the Secretary of State.

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Cite this article: FindLaw.com - Maryland Code, Corporations and Associations § 5-6B-12 - last updated January 01, 2025 | https://codes.findlaw.com/md/corporations-and-associations/md-code-corp-and-assns-sect-5-6b-12/

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