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Home / Opinion Digests / Md. Repo Statute Not Preempted (access required)

Md. Repo Statute Not Preempted (access required)

Federal regulations under the National Banking Act do not preempt a Maryland statute that governs repossession of personal property; Maryland has the right to regulate the notices lenders sent to borrowers before they repossess goods bought on a retail installment contract, and the 4th Circuit vacates dismissal of plaintiff car buyer’s putative class action. The appellate ...