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2020 Maryland Statutes
Commercial Law
Title 12 - Credit Regulations
Subtitle 9 - Credit Grantor Revolving Credit Provisions
Section 12-908 - Deferral of Scheduled Payments; Deferral Charge
Universal Citation:
MD Commercial Law Code Ann. § 12-908 (2020)
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A credit grantor may at any time allow a borrower under a revolving credit plan to defer scheduled payments and charge the borrower a deferral charge agreed to by the credit grantor and the borrower.
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