State Codes and Statutes
Statutes > Maryland > Commercial-law > Title-14 > Subtitle-11 > 14-1105§ 14-1105. Increasing or reducing price.
(a) Increase.- The seller may not increase the layaway price of the consumer goods sold under a layaway agreement.
(b) Reduction.- If, within 10 calendar days after the execution of a layaway agreement, the seller reduces the selling price of existing items in his stock or inventory identical to those being held for a buyer, the seller shall credit the buyer for the difference between the original layaway price and the reduced price.
[1978, ch. 673, § 3.]
