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Session Laws, 1975
Volume 716, Page 457   View pdf image
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MARVIN MANDEL, Governor

457

(2) THE TOTAL AMOUNT PAID BY THE BUYER SINCE
THE LAST WRITTEN NOTICE.

(H)        ADDRESS AND TELEPHONE NUMBER TO APPEAR ON

BILLING STATEMENT.

THE HOLDER OF A RETAIL CREDIT ACCOUNT SHALL DISCLOSE
HIS ADDRESS AND TELEPHONE NUMBER ON EACH BILLING
STATEMENT FOR THE USE OF THE BUYER FOR STATUS AND BILLING
INQUIRIES UNDER §§ 12-510 AND 12-511 OF THIS SUBTITLE.

(I) FORM OF INFORMATION.

EXCEPT AS OTHERWISE PROVIDED IN THIS SECTION, THE
INFORMATION REQUIRED BY THIS SECTION MAY BE STATED IN ANY
SEQUENCE, ORDER, OR FORM AND IN ONE OR MORE DOCUMENTS.
ADDITIONAL ITEMS MAY BE INCLUDED WITH THE INFORMATION TO
EXPLAIN THE COMPUTATIONS MADE IN DETERMINING THE AMOUNT
TO BE PAID BY THE BUYER.

REVISOR'S NOTE: This section presently appears as
Art. 83, §153C, except for §153C(a), which now
appears as §12—502(a) , the last sentence of
§153C(b)(1), which now appears as §12—508, and
§153C(g) , which now appears as §12—510.

In subsection (a) of this section, the words
"only" and "or with his consent" are added
for purposes of clarity. The apparent intent,
of coarse, is to require the consent of a
buyer before an account way be established for
him.

In subsections (f) et seq. of this section,
the word "holder," which is defined in
§12—501, is substituted for "seller" and
"finance institution."

In subsection (h) of this section, reference
to both "status" and "billing" inquiries is
added for purposes of clarity.

With respect to the substitution of "finance
charge" for "service charge," see revisor's
note to §12-501(f).

With respect to the use of the terms "closed
end" and "open end," see revisor's notes to
§12-501(e) and (j) .

The only other changes are in style.

12-504. MAXIMUM FINANCE CHARGE -IN GENERAL.

 

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Session Laws, 1975
Volume 716, Page 457   View pdf image
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