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Md. Code, Commercial Law § 14-2403

This is the official text of Md. Code, Commercial Law § 14-2403, part of Maryland’s Code, Commercial Law — governs commercial transactions - Maryland's version of the Uniform Commercial Code.

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§14–2403.

Official statutory text

(a) It is a deceptive trade practice for a sales agent to violate any requirement of this subtitle.

(b) If the sales agent violates any provision of this subtitle, the purchaser:

(1) May cancel the contract by notifying the seller in any manner, by any means, and at any time of the purchaser’s intention to cancel; and

(2) Is entitled to a refund of:

(i) All money paid; and

(ii) Until the refund is made, interest of 1% for each month after the date of cancellation.

Status: in_force · Read it on the official government site

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