512

LAWS OF MARYLAND

[Ch. 49

TO A FINE NOT EXCEEDING $500 OR IMPRISONMENT NOT
EXCEEDING SIX MONTHS OR BOTH.

REVISOR'S NOTE: This subsection is new language
derived without substantive change from Art.
83, §163.

For the provision relating to investigation of
complaints and hearings by the Commissioner of
Consumer Credit, see Art. 83, §162.

GENERAL REVISOR'S NOTE

In revising this subtitle, the Commission to Revise
the Annotated Code decided to include Art. 83, §161 as
Part III of this subtitle. Although that section
presently appears in the subtitle "Finance Companies," it
is closely related to the other provisions of this
subtitle. Furthermore, including that section here
conforms with the treatment of small loans, consumer
loans, and secondary mortgage loans, where the credit and
similar consumer—oriented provisions have been placed in
this title and the licensing and regulation provisions
are retained in their present, respective Code
allocations, pending future revision and inclusion in the
Business Regulation Article. (See general revisor's
notes to Subtitles 2, 3, and 4 of this title.) Since the
definitions contained in Art. 83, §161, the "Finance
Companies" subtitle, are identical to those in Art. 83,
§152 - now §12-601 of this subtitle - which relate to
installment sales, no substantive change is effected by
this inclusion of present §161 here.

The Commission also concluded that present Art. 83,
§151, which exempts from Part III of this subtitle
installment agreements made before June 1, 1941, is
obsolete, and that present Art. 83, §§ 153 and 165 are
unnecessary and repetitious in light of the general
severability provisions of Art. 1, §23. Accordingly,
Art. 83, §§ 151, 153, and 165 are proposed for repeal.

For provisions relating to advertising and other
representations made in connection with the extension of
"consumer credit," see Title 13 of this article, the
Maryland Consumer Protection Act.

TITLE 13. CONSUMER PROTECTION ACT.

SUBTITLE 1. DEFINITIONS; GENERAL PROVISIONS.

13-101. DEFINITIONS.

(A) IN GENERAL.