Md. Code, CL § 12-628 Promissory Note

LibraryMaryland Statutes
Edition2023
CurrencyCurrent through November 23, 2023
Year2023
CitationMd. Code, CL § 12-628

(a) If, as part of an installment sale, a promissory note is taken by a seller or sales finance company, the note shall refer to the agreement out of which it arises.

(b) If the note is assigned, it is subject to all defenses which the buyer might have asserted against the seller or sales finance company, except that an ackn...

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