Md. Code Ann., Com. Law § 12-632 – Authorized transactions

(1) Renew or extend the time for payment of any installment sale agreement or any installment; or
(2) Refund to the buyer, for subsequent repayment by him, the amount of any installment previously paid.

In connection with an installment sale agreement, a sales finance company may:

Added by Acts 1975, c. 49, § 3, eff. July 1, 1975.

Formerly Art. 83, § 161.