# Commercial Law (GCL)

## Title 12. Credit Regulations

### Subtitle 5. Retail Credit Accounts

#### Section 12-505.2

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 Sec. 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.

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Md. Code Ann., Com. Law (as displayed at mgaleg.maryland.gov, October 16, 2026)