GroundRules
← Search the law
Maryland · Through 2026-01-01

Md. Code, Commercial Law § 12–635

Read at publisher ↗
Where this section sits in the code
  1. Article - Commercial Law

(a) A sales finance company shall permit a buyer to prepay in full or in part at any time, without penalty, the outstanding balance payable under a renewal, extension, or refund agreement.

(b) If a buyer prepays the entire outstanding balance, the sales finance company shall pay or credit to him the unearned portion of the charge.

Collected 2026-09-14T19:56:33Z. Source file · JSON

Browse this collection