HERBERT R. O'CONOR, GOVERNOR. 781

production of necessary and proper books, accounts, papers,
records, contracts, forms, files, and other evidence. In case of
failure, refusal, or neglect of any person to comply with the
order of said court or judge, such person shall be punished as
for contempt of court.

(c) The Commissioner shall make findings on any com-
plaint. The investigation, notice and hearing shall be in
accordance with the provisions of this sub-title and one copy
of the findings shall be given to each such person involved in
the complaint.

(d) No licensee or other person shall be subject to examina-
tion or audit by the Commissioner except as provided in this
sub-title. The Commissioner shall have only such powers as
are expressly delegated to him by this sub-title.

144. Penalties. Any person who violates or participates
in the violation of any provision of this sub title, or who
knowingly makes any incorrect statement of a material fact
in any application, report or statement filed pursuant to this
sub-title, or who knowingly omits to state any material fact
necessary to give the Commissioner any information lawfully
required by him or refuses to permit any lawful investigation
or examination, shall be guilty of a misdemeanor and, upon
conviction, shall be fined not more than five hundred dollars
($500) or imprisoned for not more than six (6) months or
both, in the discretion of the court.

145. Definitions. As used in this subtitle: (a) "Person"
includes any individual, partnership, corporation, association,
trust, joint stock company, and any other group of individuals
however organized.

(b) "Sales finance company" means a person engaged in the
business of acquiring, investing in, or lending money or credit
on the security of, instalment sale agreements made between
other parties or any interest therein, whether by purchase, dis-
count, pledge, loan, or otherwise.

(c) "Instalment sale agreement" means any contract for
the retail sale of goods, negotiated or entered into in
this State, under which (1) part or all of the price
is payable in one or more payments subsequent to the
making of such contract, and (2) the seller has retained a
security interest in the goods sold or has taken collateral
security for the buyer's obligation; and shall include any con-
ditional sale contract, any purchase-money chattel mortgage
and any contract for the bailment or leasing of goods under
which the bailee or lessee contracts to pay as compensation a
sum substantially equivalent to or in excess of the value of
the goods.