Section 14-408 - Service contracts and designation of representatives permitted.
§ 14-408. Service contracts and designation of representatives permitted.
(a) Service contract.-
(1) In addition to making a guaranty, the guarantor may enter into a service contract at the time of the sale or at any other time with the person guaranteed.
(2) In addition to entering into a service contract, the provider may make a guaranty at the time of the sale or at any other time to the person guaranteed.
(b) Designation of representative.-
(1) The guarantor or provider may designate a representative to perform the duties under this subtitle.
(2) However, this designation does not relieve the guarantor or provider of the duties to the person guaranteed.
[An. Code 1957, art. 83, §§ 173, 174; 1975, ch. 49, § 3; 2002, ch. 472, § 1.]