Section 14-4205 – Enforcement by Commissioner
The Commissioner may enforce this subtitle by exercising any of the powers authorized under §§ 2–113 through 2–116 of the Financial Institutions Article.
Section 14-4301 – Unit Defined
In this subtitle, “Unit” means the Senior and Vulnerable Adult Asset Recovery Unit.
Section 14-4302 – Unit in Office of Attorney General
There is a Senior and Vulnerable Adult Asset Recovery Unit in the Office of the Attorney General.
Section 14-4303 – Purpose of Unit — Legal Actions
(a) The purpose of the Unit is to protect seniors and vulnerable adults from financial crimes under § 8–801 of the Criminal Law Article. (b) The Unit may bring a civil action under § 13–204(a)(15) of this article or § 11–209(a) of the Corporations and Associations Article for damages against a person who violates § 8–801 of […]
Section 14-4304 – Funding of Unit — Use of Funds
(a) For fiscal year 2022 and each fiscal year thereafter, the Governor shall include in the State budget at least $250,000 to carry out this subtitle. (b) At the direction of the Attorney General, the Unit shall use the funds included in the State budget under subsection (a) of this section to: (1) Hire new staff for the […]
Section 14-3901 – Definitions
(a) In this subtitle the following words have the meanings indicated. (b) “Arbitration activity” means the initiation, conduct, sponsorship, or administration of, or the appointment of an arbitrator in, a consumer arbitration. (c) “Arbitration organization” means a nongovernmental association, agency, board, commission, corporation, or other entity that performs arbitration activities. (d) “Consumer” means an individual who is: (1) A resident […]
Section 14-4204 – Transaction Valid Despite Noncompliance
Failure of a mobile home retailer to comply with this subtitle does not affect the validity of an otherwise valid financing transaction.
Section 14-3902 – Applicability of Subtitle
This subtitle applies to an arbitration organization that performs an arbitration activity related to 50 or more consumer arbitrations during a 5–year period.
Section 14-3903 – Information Regarding Consumer Arbitration
(a) An arbitration organization subject to this subtitle shall collect, publish, and make available to the public the following information regarding each consumer arbitration for which it performed an arbitration activity during the preceding 5–year period: (1) If the nonconsumer party is a corporation or other business entity, the name of that party; (2) Whether the dispute involved […]
Section 14-3904 – Information to Be Used in Determination of Unenforceability of Consumer Arbitration Agreement
The information provided by an arbitration organization under § 14–3903 of this subtitle may be considered in determining whether a consumer arbitration agreement is unconscionable or otherwise unenforceable under law.