Md. Code, Commercial Law § 12-1102
This is the official text of Md. Code, Commercial Law § 12-1102, part of Maryland’s Code, Commercial Law — governs commercial transactions - Maryland's version of the Uniform Commercial Code.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§12–1102.
Official statutory text
(a) A rental-purchase agreement that complies with this subtitle may not be deemed to be:
(1) A “retail sale”, as defined in § 12-601(s) of this title;
(2) An “installment sale agreement”, as defined in § 12-601(m) of this title; or
(3) A “security interest”, as defined in § 1-201(37) of this article.
(b) This subtitle does not apply to:
(1) A rental-purchase agreement made primarily for business, commercial, or agricultural purposes, or made with governmental agencies, instrumentalities, or organizations;
(2) A rental of a safe deposit box;
(3) A lease or bailment of personal property that:
(i) Is incidental to the rental of real property; and
(ii) Provides that the consumer has no option to purchase the rented real property; or
(4) A lease of an automobile.
(1) A “retail sale”, as defined in § 12-601(s) of this title;
(2) An “installment sale agreement”, as defined in § 12-601(m) of this title; or
(3) A “security interest”, as defined in § 1-201(37) of this article.
(b) This subtitle does not apply to:
(1) A rental-purchase agreement made primarily for business, commercial, or agricultural purposes, or made with governmental agencies, instrumentalities, or organizations;
(2) A rental of a safe deposit box;
(3) A lease or bailment of personal property that:
(i) Is incidental to the rental of real property; and
(ii) Provides that the consumer has no option to purchase the rented real property; or
(4) A lease of an automobile.
Status: in_force · Read it on the official government site
Dealing with a business matter in Maryland?
See all Maryland Business lawyers
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.