464                                        LAWS OF MARYLAND                         [Ch. 49

REVISOR'S NOTE: This section presently appears as
the last sentence of Art. 83, §153C(b)(1).

The only changes are in style.

12-509. DISCOUNT TO CONSUMER PAYING CASH.

NOTWITHSTANDING ANY AGREEMENT TO THE CONTRARY

BETWEEN A SELLER AND THE ISSUER OF A CREDIT CARD, THE

SELLER IS PERMITTED TO OFFER A CASH DISCOUNT TO CONSUMERS
WHO PAY CASH INSTEAD OF USING THE CREDIT CARD.

REVISOR'S NOTE: This section presently appears as
Art. 83, §153-I.

The defined term "seller" is substituted for
the somewhat inconsistent "merchants and other
retailers" and "the merchant."

The only other changes are in style.

12-510. STATUS INQUIRY.

IF A BUYER INQUIRES IN WRITING ABOUT THE STATUS OF
HIS ACCOUNT AND THE HOLDER FAILS TO ANSWER THE INQUIRY IN
CLEAR AND DEFINITE TERMS WITHIN 60 DAYS AFTER RECEIVING
IT, THE BUYER IS NOT REQUIRED TO PAY A FINANCE CHARGE FOR
THAT 60-DAY PERIOD OR FOR ANY FURTHER PERIOD DURING WHICH
THE HOLDER FAILS TO SO ANSWER.

REVISOR'S NOTE: This section presently appears as
Art. 83, §153C(g).

The word "holder," defined in §12—501(i), is
substituted for "seller or financial
institution." This conforms to the related
provisions of present Art. 83, §153(h) —
§12—503(h) of this subtitle — as well as the
similar provisions appearing in §12—511.

The only other changes are in style.

12-511. BILLING STATEMENT INQUIRY.

(A) DEFINITION.

IN THIS SECTION, "BILLING ERROR" MEANS THE INITIAL
OCCURRENCE OF AN ERROR IN A BILLING STATEMENT GIVEN TO A
BUYER BY THE HOLDER OF AN ACCOUNT, WHICH ERROR RESULTS
FROM:

(1) AN OMISSION OR COMMISSION BY THE HOLDER
IN POSTING ANY DEBIT OR CREDIT;