§ 12–510
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 12-510 (2026)
Title 12. Credit Regulations
Subtitle 5. Retail Credit Accounts
§ 12–510LinkCopy Citation
If a buyer inquires in writing about the status of his account and the holder fails to answer the inquiry in clear and definite terms within 60 days after receiving it, the buyer is not required to pay a finance charge for that 60-day period or for any further period during which the holder fails to so answer.