Plain Text Law

§ 12–632

Statutes in effect as of October 1, 2026.

Md. Code Ann., Com. Law § 12-632 (2026)
Title 12. Credit Regulations
Subtitle 6. Retail Installment Sales

§ 12–632Copy Citation

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.