§ 14–1105
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 14-1105 (2026)
Title 14. Miscellaneous Consumer Protection Provisions
Subtitle 11. Layaway Sales
§ 14–1105LinkCopy Citation
(a)
The seller may not increase the layaway price of the consumer goods sold under a layaway agreement.
(b)
If, within 10 calendar days after the execution of a layaway agreement, the seller reduces the selling price of existing items in his stock or inventory identical to those being held for a buyer, the seller shall credit the buyer for the difference between the original layaway price and the reduced price.