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Session Laws, 1977
Volume 735, Page 2423   View pdf image
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MARVIN MANDEL, Governor                               2423 apply to: (ii) Any other bona fide public or
private sale of [good] GOODS which had a cash price in
excess of $2,000 at the time of their purchase by the
buyer, if the buyer has not paid at least 50 percent of
the cash price of the goods or if he has paid that amount
but has not requested a public sale under subsection (a)
of this section. 12-701. (a)    "Creditor" means any person who regularly: (1)    Extends, renews, or continues credit for
[personal family] PERSONAL, FAMILY or household purposes;
or (2)    Arranges for the extension, renewal, or
continuation of credit. 12-707. (b)    Any creditor who fails to comply with any
requirement imposed under this subtitle shall be liable
to the aggrieved applicant for punitive damages in an
amount not greater than $10,000, as determined by the
court, in addition to any actual damages provided in
[subsection (a): In] SUBSECTION (A). IN pursuing the
recovery allowed under this subsection, the applicant may
proceed only in an individual capacity and not as a
representative of a class. (e) In the case of any successful action to
enforce the foregoing liability, the costs or the
[action, together] ACTION TOGETHER with a reasonable
attorney's fee as determined by the court shall be added
to any damages awarded by the court under the provisions
of [subsection] SUBSECTIONS (a), (b), and (d) of this
section. 14-1203. (b) The provisions of subsection (a) of this
[section, are] SECTION ARE not applicable in the case of
any consumer credit report to be used in connection with (1)    A credit transaction involving, or which
may reasonably be expected to involve, a principal amount
of $50,000 or more; (2)    The underwriting of life insurance
involving, or which may reasonably be expected to
involve, a face amount of $50,000 or more; or (3)    The employment of any individual at an
annual salary which equals, or which may reasonably be
expected to [equal $20,000, or] EQUAL, $20,000, OR more.


 
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Session Laws, 1977
Volume 735, Page 2423   View pdf image
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