916

LAWS OF MARYLAND

Ch. 340

AN ACT concerning

Credit Card Accounts

FOR the purpose of requiring that credit card issuers who
issue cards to persons in this State [[disclose any
intention they may have to divulge credit
information, and to]] advise certain persons
concerned if they receive a subpoena; and providing
that notice of such subpoena sent to the last known
address of the credit card holder shall be deemed
compliance with this Act.

BY adding to

Article — Commercial Law
Section [[14-1107]] 13-312
Annotated Code of Maryland
(1975 Volume and 1975 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That new Section [[14-1107]] 13-312 be and it
is hereby added to Article — Commercial Law, of the
Annotated Code of Maryland (1975 Volume and 1975
Supplement) to read as follows:

Article — Commercial Law

[[14-1107]]13-312.

[[ (A) AN ENTITY WHICH ISSUES A CREDIT CARD TO A
PERSON IN THIS STATE MAY NOT DISCLOSE ANY INFORMATION
RELATED TO THE PERSON'S ACCOUNT TO ANY OTHER ENTITY,
UNLESS THE ISSUER FIRST ADVISES THE PERSON OF INFORMATION
IT INTENDS TO DISCLOSE, AND THE IDENTITY OF THE ENTITY TO
WHICH DISCLOSURE WILL BE MADE.

(B)]] IF AN ENTITY WHICH ISSUES A CREDIT CARD TO A
PERSON IN THIS STATE[[, UPON WHICH]] IS SERVED WITH A
SUBPOENA FOR INFORMATION [[IS SERVED,]] RELATED TO THE

PERSON'S ACCOUNT, THE__ISSUER IMMEDIATELY SHALL ADVISE

THE PERSON [[TO WHOM THE CREDIT CARD IS ISSUED]] OF THE
SUBPOENA[[,]] AND ANY REQUIREMENTS MADE OF THE ISSUER BY
THE SUBPOENA. A NOTICE OF SUCH SUBPOENA SENT TO THE LAST
KNOWN ADDRESS OF THE CREDIT CARD HOLDER SHALL BE DEEMED
COMPLIANCE WITH THIS SECTION.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1976.

Approved May 4, 1976.