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2422
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Ch. 534
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LAWS OF MARYLAND
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(f) A distributor who intends not to renew a
marketing agreement shall give notice of his intent to
the retail service station dealer at least 90 days before
the expiration of the term of the marketing agreement,
whether or not the marketing agreement contains a
provision for automatic renewal or, by its terms, expires
at a fixed time. Failure to give notice constitutes a
renewal of the marketing agreement for a term of one year
from its stated expiration date. This notice requirement
supersedes the notice provisions of [Article—Real
Property, § 8-402 (b)] SECTION 8-402 (B) OF THE REAL
PROPERTY ARTICLE, Annotated Code of Maryland, as well as
any notice provision set forth in the marketing
agreement.
12-103.
(c) (2) The rates permitted by this subsection
may be charged only if:
(vi) The loan is not secured by a note,
promise to pay, or security instrument which does not
[state;] STATE:
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(A) The principal amount of the
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loan;
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(B) A schedule of payments or a
description of the schedule; and
(C) The agreed amount or rate of
interest, charges, and fees to be charged;
12-506.
(g) Regardless of the date of actual posting of a
payment to an account, the payment shall be credited to
the customer's account as of the date the payment is
received by the creditor, and no finance charge, late
payment charge, or other charge shall be imposed with
respect to the amount of the payment which is properly
received by the creditor on or before the time indicated
by the creditor as necessary to avoid imposition thereof,
provided that:
(3) If the creditor accepts payment at
locations other than those specified under paragraph (g)
(2) (ii) of this section, the creditor shall credit the
customer's account promptly (in no case later [than 5
days] THAN FIVE DAYS from the date or receipt), provided
that the possibility of the delay is clearly disclosed to
the customer on the periodic statement or on accompanying
material that need not be retained by the customer.
12-626.
(e) (1) The provisions of this subsection (e)
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