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§ 12-505.3. Closed end accounts, balloon payments

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 12. Credit Regulations
Subtitle 5. Retail Credit Accounts (Refs & Annos)
MD Code, Commercial Law, § 12-505.3
§ 12-505.3. Closed end accounts, balloon payments
With respect to a closed end retail credit account established at a rate pursuant to § 12-505(a) of this subtitle, the agreement may not provide for a balloon payment.

Credits

Added by Acts 1982, c. 753, § 1, eff. July 1, 1982.
MD Code, Commercial Law, § 12-505.3, MD COML § 12-505.3
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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