§ 19-302

Maryland § 19-302

• Jurisdiction: Maryland
• Article gcl: Commercial Law
• Title: 19

Text

If a supplier fails or refuses to repurchase, in accordance with § 19-202 of this title, any inventory covered under the provisions of this title within the time periods established, the supplier is civilly liable for:

(1) 100 percent of the current net price of the inventory;

(2) The amount the dealer paid for freight costs from the supplier’s location to the dealer’s location;

(3) The dealer’s reasonable attorney’s fees and court costs; and

(4) Interest on the current net price of the inventory computed from the 91st day after termination of the contract at the legal rate of interest.