§ 12-1107. Receipts

MD Comm L Code § 12-1107 (2019) (N/A)
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(a)    A lessor shall provide the consumer with a written receipt for each payment under a rental–purchase agreement made in person by cash or money order, or, if the payment is made in any other form, on request.

(b)    The written receipt shall contain the:

(1)    Total amount paid;

(2)    Total amount due that week or month; and

(3)    Total remaining rental payments necessary to acquire ownership of the item.

(c)    The lessor shall provide the consumer with a written statement of account within 3 days after the consumer’s request.