BLAIR LEE III, Acting Governor

1319

BY repealing and reenacting, with amendments,

Article - Commercial Law

Section 13-201, 14-1102(a)(10), and 14-1204(b)

Annotated Code of Maryland

(1975 Volume and 1977 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article - Commercial Law

13-201.

There is a Division of Consumer Protection in the
Department of [Law, the] LAW. THE Division shall administer
this subtitle.

14-1102.

(a)    (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] SUB-SUBSECTIONS PARAGRAPHS (5) and
(6) OF THIS SUBSECTION.

14-1204.

(b)    Any person who procures or causes to be prepared
an investigative consumer report on any consumer shall make,
upon written request made by the consumer within a
reasonable period Tor] OF time after the receipt by him of
the disclosure required by subsection (a) (1) of this
section, a complete and accurate disclosure of the nature
and scope of the investigation requested. This disclosure
shall be made in a writing mailed, or otherwise delivered,
to the consumer not later than five days after the date on
which the request for the disclosure was received from the
consumer or the report was first requested, whichever is the
later.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1978.

Approved May 2, 1978.

CHAPTER 267
(Senate Bill 780)
AN ACT concerning