Md. Code, Commercial Law § 12-1110.1
This is the official text of Md. Code, Commercial Law § 12-1110.1, part of Maryland’s Code, Commercial Law — governs commercial transactions - Maryland's version of the Uniform Commercial Code.
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§12–1110.
Official statutory text
§12–1110.1.
(a) A lessor may not bring a court action to recover property subject to a rental–purchase agreement until 15 days after the consumer has been sent notice of a default.
(b) Notice of default sent by certified mail to the consumer’s last known address constitutes notice.
(c) The notice shall include any amount the consumer must pay to reinstate the rental–purchase agreement, if applicable.
(a) A lessor may not bring a court action to recover property subject to a rental–purchase agreement until 15 days after the consumer has been sent notice of a default.
(b) Notice of default sent by certified mail to the consumer’s last known address constitutes notice.
(c) The notice shall include any amount the consumer must pay to reinstate the rental–purchase agreement, if applicable.
Status: in_force · Read it on the official government site
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