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Session Laws, 1977
Volume 735, Page 828   View pdf image
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828                                                   LAWS OF MARYLAND                                  Ch. 14 unnecessary in light of §27-101 of this
article. The only other changes are in style.
TITLE 15.          VEHICLE LAWS-—LICENSING OF BUSINESSES AND OCCUPATIONS. SUBTITLE 1. DEFINITIONS; GENERAL PROVISIONS. 15-101. DEFINITIONS. (A)        IN GENERAL. IN THIS TITLE THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED. REVISOR'S NOTE: This subsection is new language used
as the standard introductory language to a
definition section. (B)        DEALER. (1)   "DEALER" MEANS, EXCEPT AS PROVIDED IN
PARAGRAPH (2) OF THIS SUBSECTION, A DEALER IN VEHICLES OF
A TYPE REQUIRED TO BE REGISTERED UNDER TITLE 13 OF THIS
ARTICLE. (2)   "DEALER" DOES NOT INCLUDE: (I)   A PUBLIC OFFICIAL WHO SELLS OR DISPOSES
OF VEHICLES IN THE PERFORMANCE OF HIS OFFICIAL DUTIES; (II)    AN INSURANCE COMPANY, FINANCE COMPANY, BANK, OR OTHER FINANCIAL INSTITUITION LENDING INSTITUTION LICENSED OR OTHERWISE AUTHORIZED TO DO BUSINESS IN THIS STATE THAT, TO SAVE IT FROM LOSS, SELLS OR DISPOSES OF
VEHICLES UNDER A CONTRACTUAL RIGHT AND IN THE REGULAR
COURSE OF ITS BUSINESS; (III)      A RECEIVER, TRUSTEE, PERSONAL
REPRESENTATIVE, OR OTHER PERSON APPOINTED BY OR ACTING
UNDER THE AUTHORITY OF ANY COURT; (IV)   EITHER A MANUFACTURER OR DISTRIBUTOR WHO
SELLS OR DISTRIBUTES VEHICLES TO LICENSED DEALERS OR A
PERSON EMPLOYED BY A MANUFACTURER OR DISTRIBUTOR TO
PROMOTE THE SALE OF THE VEHICLES OF THE MANUFACTURER OR
DISTRIBUTOR, IF THAT MANUFACTURER, DISTRIBUTOR, OR PERSON
DOES NOT SELL VEHICLES TO RETAIL BUYERS; OR (V)      A PERSON WHO SELLS OR DISPOSES OF
VEHICLES ACQUIRED AND USED FOR PERSONAL OR BUSINESS USE
AND NOT FOR THE PURPOSE OF AVOIDING THE PROVISIONS OF
THIS TITLE, IF THAT PERSON IS NOT ENGAGED IN BUYING,
SELLING, OR EXCHANGING VEHICLES AS A BUSINESS.


 
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Session Laws, 1977
Volume 735, Page 828   View pdf image
 Jump to  
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