604

LAWS OF MARYLAND

[Ch. 49

APPLIANCE, OR OTHER SIMILAR COMMODITY; AND

(4) REPAIR, INSTALLATION, OR OTHER SERVICING
OF ANY PLUMBING, HEATING, ELECTRICAL, OR MECHANICAL
DEVICE.

REVISOR'S NOTE: This subsection presently appears as
Art. 83, §20(c).

In item (3) of this subsection, the term "hone
appliance" is substituted for "television
sets" to conform with the breadth implicit by
the present, general reference to any "similar
commodities."

The only other changes are in style.

14-1102. ASSIGNEE OF CONTRACT OR PROMISSORY NOTE SUBJECT
TO CERTAIN DEFENSES OF BUYER.

(A)   DEFINITION.

IN THIS SECTION "SALES CONTRACT" MEANS A CONTRACT
FOR THE SALE IN THE STATE OF MERCHANDISE OR SERVICES TO
AN INDIVIDUAL PRIMARILY FOR PERSONAL, FAMILY, OR
HOUSEHOLD PURPOSES, INCLUDING A SALE WHERE THE SELLER
TAKES A SECURITY INTEREST IN THE GOODS.

(B)   ASSIGNEE SUBJECT TO DEFENSES.

ANY GOOD FAITH ASSIGNEE FOR VALUE OF A SALES
CONTRACT OR OF A PROMISSORY NOTE MADE IN CONNECTION WITH
A SALES CONTRACT IS SUBJECT TO ALL DEFENSES ARISING OUT
OF THE SALE WHICH THE BUYER HAS AGAINST THE SELLER, IF
THE DEFENSES ARE ASSERTED BY THE BUYER IN ACCORDANCE WITH
THE PROVISIONS OF THIS SECTION.

(C)   EXCEPTION.

A DEFENSE WHICH A BUYER HAS AGAINST A SELLER IS NOT
VALID AGAINST THE ASSIGNEE UNLESS:

(1)    THE ASSIGNEE KNEW OF THE DEFENSE AT THE
TIME OF THE ASSIGNMENT; OR

(2)   THE BUYER NOTIFIES THE ASSIGNEE OF THE
DEFENSE NO LATER THAN 90 DAYS AFTER A NOTICE OF
ASSIGNMENT IS MAILED TO HIM.

(D)   NOTICE OF ASSIGNMENT.

FOR PURPOSES OF SUBSECTION (C) (2) OF THIS SECTION,
THE NOTICE OF ASSIGNMENT SHALL: