State Codes and Statutes

Statutes > Maryland > Commercial-law > Title-14 > Subtitle-19 > 14-1910

§ 14-1910. Same - Claims against.
 

(a)  Actions.- Any person claiming against the surety bond for a violation of this subtitle may maintain an action against the credit services business and against the surety. 

(b)  Liability for actual damages.- The surety shall be liable only for actual damages and not for the punitive damages permitted under § 14-1912 of this subtitle. 

(c)  Aggregate liability.- The aggregate liability of the surety to all persons damaged by a credit services business's violation of this subtitle may not exceed the amount of the surety bond. 
 

[1987, ch. 469; 1991, ch. 628.] 
 

State Codes and Statutes

Statutes > Maryland > Commercial-law > Title-14 > Subtitle-19 > 14-1910

§ 14-1910. Same - Claims against.
 

(a)  Actions.- Any person claiming against the surety bond for a violation of this subtitle may maintain an action against the credit services business and against the surety. 

(b)  Liability for actual damages.- The surety shall be liable only for actual damages and not for the punitive damages permitted under § 14-1912 of this subtitle. 

(c)  Aggregate liability.- The aggregate liability of the surety to all persons damaged by a credit services business's violation of this subtitle may not exceed the amount of the surety bond. 
 

[1987, ch. 469; 1991, ch. 628.] 
 


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > Commercial-law > Title-14 > Subtitle-19 > 14-1910

§ 14-1910. Same - Claims against.
 

(a)  Actions.- Any person claiming against the surety bond for a violation of this subtitle may maintain an action against the credit services business and against the surety. 

(b)  Liability for actual damages.- The surety shall be liable only for actual damages and not for the punitive damages permitted under § 14-1912 of this subtitle. 

(c)  Aggregate liability.- The aggregate liability of the surety to all persons damaged by a credit services business's violation of this subtitle may not exceed the amount of the surety bond. 
 

[1987, ch. 469; 1991, ch. 628.]