Md. Code, Commercial Law § 15-304
This is the official text of Md. Code, Commercial Law § 15-304, part of Maryland’s Code, Commercial Law — governs commercial transactions - Maryland's version of the Uniform Commercial Code.
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§15–304.
Official statutory text
The assignor’s acknowledgment of assignment shall include his affidavit stating that he has not paid and will not pay directly or indirectly on any sum borrowed, an effective rate of simple interest, as defined in § 12-101 of this article, of more than 6 percent per annum.
Status: in_force · Read it on the official government site
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