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Session Laws, 1968
Volume 683, Page 14   View pdf image
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14                               laws of Maryland                       [Ch. 14

ment Volume and 1967 Supplement), title "Sales and Notices,"
subtitle "Retail Credit Accounts Law," amending the laws pertain-
ing to sales and notices in order to correct erroneous wording
therein.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 153C (c) of Article 83 of the Annotated Code of Mary-
land (1965 Replacement Volume and 1967 Supplement), title "Sales
and Notices," subtitle "Retail Credit Accounts Law," be and it is
hereby repealed and re-enacted, with amendments, to read as follows:

153C.

(c) At the time a seller [established] establishes a retail credit
account for the use of the buyer, the seller shall confirm this fact
to the buyer or prospective buyer in writing. Such confirmation shall
contain a clear and understandable statement of the amount or the
rate of the service charge. Such confirmation shall also contain a
legend that the buyer may at any time pay his entire balance with-
out incurring any additional charge for prepayment. Such confirma-
tion shall be in type no smaller than elite typewriter characters. If
no copy of the confirmation is retained by the seller, a notation in
the permanent record of the seller showing that such confirmation
was mailed, and the date of mailing, shall be admissible as evidence
of such mailing.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1968.

Approved March 22, 1968.

CHAPTER 14

(Senate Bill 65)

AN ACT to repeal and re-enact, with amendments, Section 428 of
Article 81 of the Annotated Code of Maryland (1965 Replacement
Volume and 1967 Supplement), title "Revenue and Taxes," subtitle
"Road Tax on Motor Carriers," amending the taxation laws in
order to correct an erroneous reference.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 428 of Article 81 of the Annotated Code of Maryland
(1965 Replacement Volume and 1967 Supplement), title "Revenue
and Taxes," subtitle "Road Tax on Motor Carriers," be and it is
hereby repealed and re-enacted, with amendments, to read as
follows:

428.

In case any motor carrier as defined by Section 412 (c) refuses
or fails to file a return and pay the tax required by this subtitle
within the time prescribed by this subtitle, there is hereby imposed
a penalty of ten dollars ($10.00) or a sum equal to ten percent
(10%), of the tax due, whichever is greater for each delinquent

 

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Session Laws, 1968
Volume 683, Page 14   View pdf image
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