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Home » US Law » 2022 Maryland Statutes » Commercial Law » Title 12 - Credit Regulations » Subtitle 6 - Retail Installment Sales » Part II - Installment Sales » Section 12-627 – Repossession — Discharge of Agreement in Absence of Resale

    If there is no resale of repossessed goods under § 12-626 of this subtitle, all obligations of the buyer under the agreement shall be discharged, and the holder may retain the goods as his own property without obligation to account to the buyer.