§ 12-505.2. Closed end accounts, changing charges
West's Annotated Code of MarylandCommercial Law
MD Code, Commercial Law, § 12-505.2
§ 12-505.2. Closed end accounts, changing charges
A seller or holder may not enter into a closed end retail credit account agreement, providing for an initial rate of finance charge pursuant to § 12-505(a)(3) of this subtitle, which contains a provision that permits the seller or holder to increase or decrease the applicable rate of finance charge from time to time during the term of the account.
Credits
Added by Acts 1982, c. 753, § 1, eff. July 1, 1982.
MD Code, Commercial Law, § 12-505.2, MD COML § 12-505.2
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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