Plain Text Law

§ 19–302

Statutes in effect as of October 1, 2026.

Md. Code Ann., Com. Law § 19-302 (2026)
Title 19. Equipment Dealer Contract Act
Subtitle 3. Violations by Suppliers; Remedies

§ 19–302Copy Citation

If a supplier fails or refuses to repurchase, in accordance with § 19-202 of this title, any inventory covered under the provisions of this title within the time periods established, the supplier is civilly liable for:
(1)
100 percent of the current net price of the inventory;
(2)
The amount the dealer paid for freight costs from the supplier’s location to the dealer’s location;
(3)
The dealer’s reasonable attorney’s fees and court costs; and
(4)
Interest on the current net price of the inventory computed from the 91st day after termination of the contract at the legal rate of interest.