Section 22-304 - Continuing contractual terms. - Maryland Statutes

§ 22-304. Continuing contractual terms.
 

(a)  Successive performances.- Terms of an agreement involving successive performances apply to all performances, even if the terms are not displayed or otherwise brought to the attention of a party with respect to each successive performance, unless the terms are modified in accordance with this title or the contract. 

(b)  Procedure for changing terms as to future performances.- If a contract provides that terms may be changed as to future performances by compliance with a described procedure, a change proposed in good faith pursuant to that procedure becomes part of the contract if the procedure: 

(1) Reasonably notifies the other party of the change; and 

(2) In a mass-market transaction, permits the other party to terminate the contract as to future performance if the change alters a material term and the party in good faith determines that the modification is unacceptable. 

(c)  Standards for reasonable notice.- The parties by agreement may determine the standards for reasonable notice unless the agreed standards are manifestly unreasonable in light of the commercial circumstances. 

(d)  Enforceability of changes.- The enforceability of changes made pursuant to a procedure that does not comply with subsection (b) of this section is determined by the other provisions of this title or other law. 
 

[2000, ch. 11.]