472                                        LAWS OF MARYLAND                         [Ch. 49

AGREEMENT.

(2)           "COLLATERAL SECURITY" INCLUDES THE

UNDERTAKING OF A SURETY FOR A BUYER.

(3) "COLLATERAL SECURITY" DOES NOT INCLUDE
ANY GOODS OR INTEREST IN GOODS WHICH ARE THE SUBJECT OF
AN INSTALLMENT SALE AGREEMENT.

REVISOR'S NOTE: This subsection is new language
derived without substantive change from Art.
83, §152(p).

(F)       CONSUMER GOODS.

"CONSUMER GOODS" MEANS GOODS BOUGHT FOR USE

PRIMARILY FOR PERSONAL, FAMILY, OR HOUSEHOLD PURPOSES, AS

DISTINGUISHED FROM INDUSTRIAL, COMMERCIAL, OR
AGRICULTURAL PURPOSES.

REVISOR'S NOTE: This subsection is new language
derived without substantive change from the
introductory provisions of Art. 83, §132A(a).

The term "consumer goods" is adopted for
purposes of clarity and to facilitate ease in
referring to these goods in this subtitle.

(G)      COUNTY.

"COUNTY" INCLUDES BALTIMORE CITY.

REVISOR'S NOTE: This subsection presently appears as
Art. 83, §152(q).

No changes are made.

(H) DOWN PAYMENT.

"DOWN PAYMENT" INCLUDES ALL AMOUNTS PAID IN CASH,
CREDITS, OR THE AGREED VALUE OF GOODS, BY OR FOR A BUYER
AND TO OR FOR THE BENEFIT OF A SELLER AT OR BEFORE
EXECUTION OF AN INSTALLMENT SALE AGREEMENT.

REVISOR'S NOTE: This subsection presently appears as
Art. 83, §152(k).

The only changes are in style.

(I) FINANCE CHARGE.

"FINANCE CHARGE" "MEANS THE AMOUNT IN EXCESS OF THE
CASH PRICE OF THE GOODS SOLD, AGREED ON BY A SELLER AND A
BUYER, TO BE PAID BY THE BUYER FOR THE PRIVILEGE OF