§ 14-1910. Surety bonds -- Claims against

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(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.

HISTORY: 1987, ch. 469; 1991, ch. 628.

                    
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