Section 14-1105 - Increasing or reducing price. - Maryland Statutes

§ 14-1105. Increasing or reducing price.
 

(a)  Increase.- The seller may not increase the layaway price of the consumer goods sold under a layaway agreement. 

(b)  Reduction.- If, within 10 calendar days after the execution of a layaway agreement, the seller reduces the selling price of existing items in his stock or inventory identical to those being held for a buyer, the seller shall credit the buyer for the difference between the original layaway price and the reduced price. 
 

[1978, ch. 673, § 3.]