2600                                         LAWS OF MARYLAND                      [Ch. 753

WITH THE CONTRACT OR SALE AND TAKE ANY ACTION NECESSARY
OR APPROPRIATE TO TERMINATE PROMPTLY ANY SECURITY
INTEREST CREATED IN THE TRANSACTION.

(I) NEGOTIATE, TRANSFER, SELL, OR ASSIGN ANY NOTE
OR OTHER EVIDENCE OF INDEBTEDNESS TO A FINANCE COMPANY OR
OTHER THIRD PARTY PRIOR TO MIDNIGHT OF THE FIFTH BUSINESS
DAY FOLLOWING THE DAY THE CONTRACT WAS SIGNED OR THE
GOODS OR SERVICES WERE PURCHASED.

(J) FAIL, WITHIN 10 BUSINESS DAYS OF RECEIPT OF
THE BUYER'S NOTICE OF CANCELLATION, TO NOTIFY HIM WHETHER
THE SELLER INTENDS TO REPOSSESS OR TO ABANDON ANY SHIPPED
OR DELIVERED GOODS.

30.

IF THE SELLER VIOLATES ANY OF THE PROVISIONS OF
SECTION 29 OF THIS SUBTITLE, THE BUYER MAY CANCEL THE
DOOR-TO-DOOR SALE BY NOTIFYING THE SELLER IN ANY MANNER
AND BY ANY MEANS OF HIS INTENTION TO CANCEL.

31.

IN ADDITION TO THE ACTIONS ENUMERATED IN SUBSECTION
(A) OF SECTION 22 OF THIS ARTICLE, ANY PERSON WILFULLY
VIOLATING THE PROVISIONS OF THIS SUBTITLE IS GUILTY OF A
MISDEMEANOR AND UPON CONVICTION SHALL BE SUBJECT TO A
FINE OF NOT MORE THAN $1000, OR IMPRISONMENT OF NOT MORE
THAN ONE YEAR, OR BOTH. ANY PERSON VIOLATING THE
PROVISIONS OF THIS SUBTITLE IS LIABLE TO ANY PERSON
AFFECTED BY THE VIOLATION FOR ALL DAMAGES PROXIMATELY
CAUSED BY THE VIOLATION, AND FOR REASONABLE ATTORNEY FEES
INCURRED BY THE PERSON DAMAGED.

32.

THIS SUBTITLE MAY BE CITED AS THE "MARYLAND HOME
SOLICITATION SALES ACT".

SECTION 3. AND BE IT FURTHER ENACTED, That this Act
shall take effect [[July 1]] June 7, 1974.

Approved May 31, 1974.

CHAPTER 754
(House Bill 900)