# Commercial Law (GCL)

## Title 12. Credit Regulations

### Subtitle 6. Retail Installment Sales

#### Section 12-632

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.

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