§ 12-113. Discrimination prohibited

   (a) Prohibition. -- Except as provided in subsection (b) of this section, a lender may not refuse to lend money to any person solely because of:

   (1) Geographic area or neighborhood; or

   (2) Race, creed, color, age, sex, marital status, handicap, or national origin.

(b) Exceptions. -- A lender may refuse to make a loan:

   (1) On property outside a geographic area of the State in which the lender normally does business;

   (2) To be used in a type of business or activity other than a type in connection with which the lender normally makes loans; or

   (3) Because of a greater than normal risk, including one due to:

      (i) The presence of an airport;

      (ii) An unusual drainage condition; or

      (iii) Any other situation which causes a greater than normal risk of loss in a particular area.

HISTORY: An. Code 1957, art. 49, § 13; 1975, ch. 49, § 3.