{"data":{"id":"us-md/md.-code-commercial-law-12-614","jurisdiction":"us-md","citation":"Md. Code, Commercial Law § 12–614","heading":"","body":"(a) Except as provided in subsection (b) of this section, a holder may not directly or indirectly contract for, charge, or receive from a buyer or a surety for a buyer on account of or in connection with any agreement, any charge or amount for the extension of credit, interest, fees, commissions, delinquency, collection, repossession, and foreclosure or otherwise.\n(b) A holder may charge the buyer the following charges or fees:\n(1) Subject to the provisions of § 12-630 of this subtitle, the time balance of an installment sale agreement;\n(2) If allowed by a court as costs, the official fees paid to a public official in connection with a proceeding to:\n(i) Recover possession of the goods;\n(ii) Enforce any obligation of the buyer or his surety; or\n(iii) Realize on any security interest or collateral security;\n(3) If no charge was made in the agreement on account of the insurance for the period covered, the premiums for insurance as provided by § 12-613 of this subtitle;\n(4) The amount paid for copies of agreements and statements of accounts pursuant to § 12-621 of this subtitle;\n(5) Charges permitted by:\n(i) §§ 12-623 and 12-626 of this subtitle for delinquencies and repossession expenses; and\n(ii) Law for extensions and refunds; and\n(6) An amount not exceeding $15 if payment is made with a check that is dishonored on the second presentment.","path":["Article - Commercial Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl\u0026section=12-614","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:33Z","sha256":"d594806510e1dcb0c6042c73d888b19b9cda3cbef9ecde8bcd989e65d09cfad5","source_id":"us-md","stale":false,"prev":"us-md/md.-code-commercial-law-12-613","next":"us-md/md.-code-commercial-law-12-615"},"notice":"GroundRules: Original legal text. Not legal advice."}