Md. Code Ann., Com. Law § 14-408
Service contracts and designation of representatives permitted
Effective Oct 1, 2002Added by Acts 1975, c. 49, § 3, eff. July 1, 1975. Amended by Acts 2002, c. 472, § 1, eff. Oct. 1, 2002.State of Maryland
(a)
- (1) In addition to making a guaranty, the guarantor may enter into a service contract at the time of the sale or at any other time with the person guaranteed.
- (2) In addition to entering into a service contract, the provider may make a guaranty at the time of the sale or at any other time to the person guaranteed.
(b)
- (1) The guarantor or provider may designate a representative to perform the duties under this subtitle.
- (2) However, this designation does not relieve the guarantor or provider of the duties to the person guaranteed.
Added by Acts 1975, c. 49, § 3, eff. July 1, 1975. Amended by Acts 2002, c. 472, § 1, eff. Oct. 1, 2002.
Formerly Art. 83, §§ 173, 174.