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2150 LAWS OF MARYLAND Ch. 376
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OR SERVICES TO CONSUMERS OR THE FINANCING THEREOF.
(8) "BUSINESS ARRANGEMENT" MEANS ANY
UNDERSTANDING, PROCEDURE, COURSE OF DEALING, OR
ARRANGEMENT, FORMAL OR INFORMAL, BETWEEN A CREDITOR AND A
SELLER, IN CONNECTION WITH THE SALE OF GOODS OR SERVICES
TO CONSUMERS OR THE FINANCING THEREOF.
(9) "CREDIT CARD ISSUER" MEANS A PERSON WHO
EXTENDS TO CARDHOLDERS THE RIGHT TO USE A CREDIT CARD IN
CONNECTION WITH PURCHASES OF GOODS OR SERVICES.
(10) "CONSUMER CREDIT CONTRACT" MEANS ANY
INSTRUMENT WHICH EVIDENCES OR EMBODIES A DEBT ARISING
FROM A "PURCHASE MONEY LOAN" TRANSACTION OR A "FINANCED
SALE" AS DEFINED IN SUBSECTIONS (E) (5) AND (F) (6).
(11) "SELLER" MEANS A PERSON WHO, IN THE
ORDINARY COURSE OF BUSINESS, SELLS GOODS OR SERVICES TO
CONSUMERS.
(B) IN CONNECTION WITH ANY SALE OR LEASE IN THIS
STATE OF GOODS OR SERVICES TO CONSUMERS, IT IS AN UNFAIR
OR DECEPTIVE TRADE PRACTICE WITHIN THE MEANING OF TITLE
13 OF THIS ARTICLE FOR A SELLER, DIRECTLY OR INDIRECTLY,
TO:
(1) TAKE OR RECEIVE A CONSUMER CREDIT
CONTRACT WHICH FAILS TO CONTAIN THE FOLLOWING PROVISION
IN AT LEAST TEN POINT, BOLD FACE, TYPE:
NOTICE
ANY HOLDER OF THIS CONSUMER CREDIT CONTRACT IS
SUBJECT TO ALL CLAIMS AND DEFENSES WHICH THE DEBTOR COULD
ASSERT AGAINST THE SELLER OF GOODS OR SERVICES OBTAINED
PURSUANT HERETO OR WITH THE PROCEEDS HEREOF. RECOVERY
HEREUNDER BY THE DEBTOR SHALL NOT EXCEED AMOUNTS PAID BY
THE DEBTOR HEREUNDER.
OR, (2) ACCEPT, AS FULL OR PARTIAL PAYMENT FOR
SUCH SALE, THE PROCEEDS OF ANY PURCHASE MONEY LOAN,
UNLESS ANY CONSUMER CREDIT CONTRACT MACE IN CONNECTION
WITH SUCH PURCHASE MONEY LOAN CONTAINS THE FOLLOWING
PROVISION IN AT LEAST TEN POINT, BOLD FACE, TYPE:
NOTICE
ANY HOLDER OF THIS CONSUMER CREDIT CONTRACT IS
SUBJECT TO ALL CLAIMS AND DEFENSES WHICH THE DEBTOR COULD
ASSERT AGAINST THE SELLER OF GOODS OR SERVICES OBTAINED
WITH THE PROCEEDS HEREOF. RECOVERY HEREUNDER BY THE
DEBTOR SHALL NOT EXCEED AMOUNTS PAID BY THE DEBTOR
HEREUNDER.
(C) THE PROVISIONS OF THIS SECTION DO NOT APPLY
WHERE THE SELLER:
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