Maryland Statutes

§ 14-404

Maryland·Article gcl Commercial Law·Title 14
(a)(1) A guarantor shall fulfill the guarantor’s guaranty according to its terms:
(i)Within a reasonable time; and
(ii)For the stated period of the guaranty or, if no period is stated, for a reasonable period of time.
(2)A provider shall fulfill the obligations under the service contract according to its terms:
(i)At or within the period stated in the service contract, or if no period is stated, within a reasonable time; and
(ii)For the stated duration of the service contract.
(b)(1) (i) A guaranty is extended automatically when a guarantor fails to repair successfully a malfunctioning or defective product within the guaranty period.
(ii)The guaranty does not terminate un

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