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Maryland · Through 2026-01-01

Md. Code, Commercial Law § 15–702

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  1. Article - Commercial Law

For the purposes of this article, a bank or financial institution may not offset any property in its possession or money from a customer’s savings or checking account for the settlement of a delinquent consumer debt unless:

(1) The offset is authorized in writing by the customer; or

(2) A court order is obtained to permit the offset.

Collected 2026-09-14T19:56:33Z. Source file · JSON

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