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Md. Code, Commercial Law § 14-702

This is the official text of Md. Code, Commercial Law § 14-702, part of Maryland’s Code, Commercial Law — governs commercial transactions - Maryland's version of the Uniform Commercial Code.

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§14–702.

Official statutory text

(a) This subtitle does not apply to a secondhand watch which has been sold previously to a consumer and is returned to the seller within 30 calendar days for a refund, credit, or exchange in an amount equal to the full amount of the purchase price, if the seller keeps a written record which sets forth:

(1) The name and address of the consumer;

(2) The dates of the sale to and the return by the consumer;

(3) The name of the watch or its maker; and

(4) The serial number or, if none, any other distinguishing number or identification mark on the case and on the movement of the watch.

(b) The seller shall keep the record on file for at least three years from the date of the sale of the watch. The file shall be open for inspection during all business hours by the State’s Attorney of the county in which the seller engages in business.

Status: in_force · Read it on the official government site

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