# Md. Code, Alcoholic Beverages and Cannabis § 36-1505: –1505

> Maryland · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MD_Agab_T36_S15_S36-1505

## Section

- **Citation:** Md. Code, Alcoholic Beverages and Cannabis § 36-1505
- **Heading:** –1505
- **Jurisdiction:** Maryland
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MD Code / Article gab / Title 36 / Subtitle 15 / Section 36-1505

## Text

(a) With respect to providing a financial service to a cannabis business or a service provider, a depository institution, entity performing a financial service for or in association with a depository institution, or insurer that provides a financial service to a cannabis business or service provider, and the officers, directors, and employees of that depository institution, entity, or insurer may not be held liable under any State law or regulation:

(1) solely for providing the financial service; or

(2) for further investing any income derived from the financial service.

(b) An insurer that engages in the business of insurance with a cannabis business or service provider or that otherwise engages with a person in a transaction allowed under State law related to cannabis, and the officers, directors, and employees of that insurer may not be held liable under State law or regulation:

(1) solely for engaging in the business of insurance; or

(2) for further investing any income derived from the business of insurance.

(c) A depository institution that has a legal interest in the collateral for a loan or another financial service provided to an owner, employee, or operator of a cannabis business or service provider, or to an owner or operator of real estate or equipment that is leased or sold to a cannabis business or service provider, may not be subject to criminal, civil, or administrative forfeiture of that legal interest under State law for providing the loan or other financial service.

## Nearby sections

- [Md. Code, Alcoholic Beverages and Cannabis § 36-1501 §36–1501.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agab_T36_S15_S36-1501.md)
- [Md. Code, Alcoholic Beverages and Cannabis § 36-1502 §36–1502.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agab_T36_S15_S36-1502.md)
- [Md. Code, Alcoholic Beverages and Cannabis § 36-1503 §36–1503.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agab_T36_S15_S36-1503.md)
- [Md. Code, Alcoholic Beverages and Cannabis § 36-1504 §36–1504.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agab_T36_S15_S36-1504.md)
- [Md. Code, Alcoholic Beverages and Cannabis § 36-1505 §36–1505.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agab_T36_S15_S36-1505.md)
- [Md. Code, Alcoholic Beverages and Cannabis § 36-1506 §36–1506.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agab_T36_S15_S36-1506.md)
- [Md. Code, Alcoholic Beverages and Cannabis § 36-1507 §36–1507.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agab_T36_S15_S36-1507.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MD_Agab_T36_S15_S36-1505. Check the current official text before relying on it. Not legal advice.