ATTORNEY GENERAL v. EQUITABLE TR.

[No. 128, September Term, 1981.]

294 Md. 385 (1982)

450 A.2d 1273

ATTORNEY GENERAL OF MARYLAND ET AL. v. THE EQUITABLE TRUST COMPANY ET AL.

Court of Appeals of Maryland.

Decided October 6, 1982.


Attorney(s) appearing for the Case

Eleanor M. Carey and Paul F. Strain, Deputy Attorneys General, with whom were H. Robert Erwin and Robert de V. Frierson, Assistant Attorneys General, on the brief, for appellants/cross appellees.

Judith D. O'Neill, with whom were Stanford D. Hess, Judith C. Levinson and Weinberg & Green on the brief, for appellees/cross appellants.

The cause was argued before MURPHY, C.J., and ELDRIDGE, COLE, DAVIDSON and RODOWSKY, JJ., and CHARLES E. ORTH, JR., Associate Judge of the Court of Appeals (retired) and CHARLES AWDRY THOMPSON, Associate Judge of the Court of Special Appeals, specially assigned.


RODOWSKY, J., delivered the opinion of the Court.

This case involves the interplay between (1) the National Bank Act's "most favored lender" doctrine, (2) the Maryland Consumer Loan Law (MCLL), Md. Code (1975, 1982 Cum. Supp.), §§ 12-301 et seq. of the Commercial Law Article (CL) and (3) the Retail Credit Accounts Law (RCAL), Md. Code (1975, 1982 Cum. Supp.), CL §§ 12-501 et seq. The context of the controversy is (1) bank financing...

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