Md. Code, Com. § 12-632

Current with changes from the 2024 Legislative Session

Section 12-632 - Permitted transactions

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.

Md. Code, CL § 12-632