570

LAWS OF MARYLAND

[Ch. 49

"WRONGFUL BREACH OF A GUARANTY" MEANS THE FAILURE OF
A GUARANTOR TO PERFORM THE DUTIES IMPOSED BY §14-403(A)
AND (B).

REVISOR'S NOTE: This subsection presently appears as
Art. 83, §169(i).

The only changes are in style.

14-402. CONSTRUCTION OF SUBTITLE.

THIS SUBTITLE SHALL BE LIBERALLY CONSTRUED AND
APPLIED TO PROMOTE ITS PURPOSES AND POLICIES.

REVISOR'S NOTE: This section presently appears as
the first sentence of Art. 83, §177(a).

The second sentence of that section, which
provides that "due consideration and great
weight...be given to the Consumer Protection
Act "is deleted as unnecessarily ambiguous in
light of the vast schematic and definitional
differences between the two acts. Compare,
for example, the definitions of "consumer
goods" in §§ 13-101 and 14—401; and the
exemptions in §§ 13-104 and 14-401(i)(3).

14-403. DISCLOSURE REQUIREMENTS.

A GUARANTOR SHALL DELIVER TO THE FIRST PERSON
GUARANTEED THE FOLLOWING WRITTEN INFORMATION:

(1)      THE DURATION OF THE GUARANTY PERIOD MEASURED BY
TIME OR, IF PRACTICAL, BY SOME MEASURE OF USAGE SUCH AS
MILEAGE;

(2)            ANY REASONABLE AND NECESSARY MAINTENANCE
REQUIRED AS A CONDITION FOR THE PERFORMANCE OF THE
GUARANTY;

(3)       A RECITAL OF THE GUARANTOR'S OBLIGATIONS TO THE
PERSON GUARANTEED DURING THE GUARANTY PERIOD;

(4)         THE PROCEDURE WHICH THE PERSON GUARANTEED
SHOULD FOLLOW TO OBTAIN THE REPAIR OR REPLACEMENT OF THE
MALFUNCTIONING OR DEFECTIVE CONSUMER PRODUCT; AND

(5)        ANY MEANS ESTABLISHED BY THE GUARANTOR FOR

QUICK INFORMAL SETTLEMENT OF ANY GUARANTY DISPUTE.

REVISOR'S NOTE: This section presently appears as
Art. 83, §172.

The only changes are in style.