{"data":{"id":"us-md/md.-code-commercial-law-12-1002","jurisdiction":"us-md","citation":"Md. Code, Commercial Law § 12–1002","heading":"","body":"(a) Any credit grantor may, subject to the other provisions of this subtitle, offer and extend closed end credit to a borrower.\n(b) In connection with closed end credit offered and extended under this subtitle, a credit grantor may charge and collect the interest and other charges permitted by this subtitle and may take any security as collateral as may be acceptable to the credit grantor.","path":["Article - Commercial Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl\u0026section=12-1002","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:33Z","sha256":"f126613cb405912d202ed3c338dd646792861f85a4063b4d9b48719d15c4d2e1","source_id":"us-md","stale":false,"prev":"us-md/md.-code-commercial-law-12-1001","next":"us-md/md.-code-commercial-law-12-1003"},"notice":"GroundRules: Original legal text. Not legal advice."}