Section 12-627 - Same - Discharge of agreement in absence of resale. - Maryland Statutes

§ 12-627. Same - Discharge of agreement in absence of resale.
 

If there is no resale of repossessed goods under § 12-626 of this subtitle, all obligations of the buyer under the agreement shall be discharged, and the holder may retain the goods as his own property without obligation to account to the buyer. 
 

[An. Code 1957, art. 83, § 144; 1975, ch. 49, § 3; 2005, ch. 25, § 13.]