Section 12-505.3 - Same - Same - Balloon payment prohibited.

§ 12-505.3. Same - Same - Balloon payment prohibited.
 

With respect to a closed end retail credit account established at a rate pursuant to § 12-505(a) of this subtitle, the agreement may not provide for a balloon payment. 
 

[1982, ch. 753; 2005, ch. 25, § 13.]