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Session Laws, 1975
Volume 716, Page 479   View pdf image
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MARVIN MANDEL, Governor

479

IMMEDIATELY SHALL DELIVER TO THE BUYER A RECEIPT FOR IT
WHICH CLEARLY STATES IN 12-POINT TYPE OR LARGER THE
BUYER'S RIGHTS UNDER SUBSECTION (B) OF THIS SECTION.

(D) ACKNOWLEDGMENT OF DELIVERY.

AN ACKNOWLEDGMENT OF DELIVERY OF A COPY OF AN
INSTALLMENT SALE AGREEMENT SHALL BE PRINTED IN 12-POINT
TYPE OR LARGER, AND, IF THE ACKNOWLEDGEMENT IS CONTAINED
IN THE AGREEMENT, IT SHALL BE PRINTED IMMEDIATELY BELOW
THE SIGNATURE TO THE AGREEMENT AND INDEPENDENTLY SIGNED.

REVISOR'S NOTE: This section presently appears as
Art. 83, §128(b) through (d).

In subsection (a) of          this         section,

"installment sale agreement" is substituted
for "instrument" for purposes of conformity.

The only changes are in style.

With respect to the buyer's right to cancel
before the delivery of goods, see §12—615.

12-6 06.          DISCLOSURES REQUIRED IN INSTALLMENT SALE

AGREEMENT.

(A)       NAMES AND ADDRESSES OF PARTIES AND DESCRIPTION
OF GOODS.

AN INSTALLMENT SALE AGREEMENT SHALL:

(1)         STATE THE FULL NAME, PLACE OF RESIDENCE,
AND POST OFFICE ADDRESS OF EACH PARTY TO IT;

(2)       STATE THE DATE WHEN SIGNED BY THE BUYER;
AND

(3)         CONTAIN A CLEAR DESCRIPTION OF THE GOODS
SOLD SUFFICIENT TO IDENTIFY THEM READILY.

(B)       STATEMENT AS TO PRICE.

AN INSTALLMENT SALE AGREEMENT ALSO SHALL STATE IN
SIMPLE TABULAR FORM THE FOLLOWING SEPARATE ITEMS IN THE
FOLLOWING ORDER:

(1)      THE CASH PRICE OF THE GOODS SOLD;

(2)       ALL CHARGES FOR DELIVERY, INSTALLATION,
OR REPAIR OF OR OTHER SERVICES TO THE GOODS WHICH,
SEPARATE FROM THE CASH PRICE, ARE INCLUDED IN THE
INSTALLMENT SALE AGREEMENT;

 

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Session Laws, 1975
Volume 716, Page 479   View pdf image
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