560

LAWS OF MARYLAND

[Ch. 49

OF SECURITIES OR COMMODITIES BY A BROKER-DEALER
REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR
WITH THE DIVISION OF SECURITIES OF THIS STATE.

REVISOR'S NOTE: This subsection presently appears as
Art. 83, §28(b).

In paragraph (2)(v) of this section, the word
"contact" is substituted for "contract" to
correct an apparent typographical error in the
law; this change conforms to the similar use
of the word "contact" in paragraph (2) (iii),
as well as the use of the word in the
identical definition contained in Federal
Trade Regulation, 37 F.R. 22933, after which
the source law to this subtitle was patterned.

The only other changes are in style.

The Federal Credit Protection Act, referred to
in paragraph (2) (ii) of this subsection, is
presently contained in 15 U.S.C. §1635.

(E)   PERSON.

"PERSON" INCLUDES AN INDIVIDUAL, CORPORATION,
BUSINESS TRUST, ESTATE, TRUST, PARTNERSHIP, ASSOCIATION,
TWO OR MORE PERSONS HAVING A JOINT OR COMMON INTEREST, OR
ANY OTHER LEGAL OR COMMERCIAL ENTITY.

REVISOR'S NOTE: This subsection is new language
setting forth a broad, standardized definition
of the word "person" as used in this article.
It is a synthesis of the U.C.C. definitions of
"person" and "organization" contained in
§1—201 (28) and (30) of this article, except
that the reference to "government or
governmental subdivision or agency" is not
included. This definition is in no way
intended to change the present law, merely to
clarify it.

(F)   PLACE OF BUSINESS.

"PLACE OF BUSINESS" MEANS THE MAIN OR PERMANENT
BRANCH OFFICE OR LOCAL ADDRESS OF A SELLER.

REVISOR'S NOTE: This subsection presently appears as
Art. 83, §28(e).

The only changes are in style.

(G)

PURCHASE PRICE.