Maryland Statutes
§ 12-635
Maryland § 12-635
This text of Maryland § 12-635 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Commercial Law § 12-635 (2026).
Text
(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.
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Nearby Sections
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Bluebook (online)
Maryland § 12-635, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gcl/12-635.