MARVIN MANDEL, Governor

343

MANUFACTURING.

(2) "WHOLESALE SALE" INCLUDES ANY SUCH
TRANSFER OF THE PROPERTY WHEREBY TITLE IS RETAINED BY THE
SELLER AS SECURITY FOR THE PAYMENT OF THE PURCHASE PRICE.

REVISOR'S NOTE: This subsection presently appears as
Art. 83, §112(f).

The presently defined phrases "sell at
wholesale" and "sales at wholesale" are
deleted as unnecessary in light of the
consistent use in this subtitle of the term
"wholesale sale."

The only other changes are in style.

11-402. EXCEPTIONS.

THIS SUBTITLE DOES NOT APPLY TO AN ADVERTISEMENT,
OFFER TO SELL, RETAIL SALE, OR WHOLESALE SALE, IF THE
MERCHANDISE:

(1)   IS SOLD IN A BONA FIDE CLEARANCE SALE AND IS SO
ADVERTISED AND MARKED;

(2)   MUST BE SOLD PROMPTLY IN ORDER TO PREVENT LOSS;

(3)    IS IMPERFECT, DAMAGED, OR BEING DISCONTINUED
AND IS SO ADVERTISED AND MARKED;

(4)   IS SOLD ON THE FINAL LIQUIDATION OF A BUSINESS;

(5)   IS SOLD FOR CHARITABLE PURPOSES OR TO RELIEF
AGENCIES;

(6)    IS SOLD ON CONTRACT TO A DEPARTMENT OF A
GOVERNMENT OR GOVERNMENTAL INSTITUTION;

(7)   IS SOLD BY AN OFFICER ACTING UNDER THE ORDER OR
DIRECTION OF A COURT; OR

(8)   IS SOLD AT A PRICE SET IN GOOD FAITH TO MEET
COMPETITION.

REVISOR'S NOTE: This section presently appears as
Art. 83, §114.

The only changes are in style.

11-403. ADVERTISED, OFFERED FOR SALE, OR SOLD.

FOR THE PURPOSES OF THIS SUBTITLE, IF AN ITEM OF
MERCHANDISE IS ADVERTISED, OFFERED FOR SALE, OR SOLD WITH