Home Table of Contents

§ 12-632. Authorized transactions

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 12. Credit Regulations
Subtitle 6. Retail Installment Sales (Refs & Annos)
Part III. Sales Finance Companies--Renewals, Extensions, or Refunds
MD Code, Commercial Law, § 12-632
§ 12-632. Authorized transactions
Currentness
In connection with an installment sale agreement, a sales finance company may:
(1) Renew or extend the time for payment of any installment sale agreement or any installment; or
(2) Refund to the buyer, for subsequent repayment by him, the amount of any installment previously paid.

Credits

Added by Acts 1975, c. 49, § 3, eff. July 1, 1975.
Formerly Art. 83, § 161.
MD Code, Commercial Law, § 12-632, MD COML § 12-632
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document