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Statutes Text

Article - Commercial Law




§14–1105.

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

    (b)    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.



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