HARRY HUGHES, Governor

1345

to whether title is transferred to the other within or
without this State. This term shall not include the
following:

(1)  The sale of tangible personal property by
any vendor in the regular course of business.

(2)  The consumption of tangible personal
property in the manufacturing, assembling, processing or
refining of other tangible personal property to be produced
for sale within the meaning of § 324(f) of this article.

(3)  The incorporation of tangible personal
property as a material or part of other tangible personal
property to be produced for sale by manufacturing,
assembling, processing or refining.]

(D) "USE, STORAGE, OR CONSUMPTION" MEANS THE EXERCISE
BY ANY PERSON WITHIN THIS STATE OF ANY RIGHT OR POWER OVER
TANGIBLE PERSONAL PROPERTY, OR ANY KEEPING OR RETENTION IN
THIS STATE FOR ANY PURPOSE OF TANGIBLE PERSONAL PROPERTY
PURCHASED EITHER WITHIN OR WITHOUT THIS STATE. THIS TERM
DOES NOT INCLUDE THE FOLLOWING:

(1)  THE PURCHASE OF TANGIBLE PERSONAL PROPERTY
BY ANY VENDOR, OR THE KEEPING OR RETENTION OF POSSESSION IN
THIS STATE OF TANGIBLE PERSONAL PROPERTY, FOR THE PURPOSE OF
RESALE WITHIN THE MEANING OF § 324(F)(I) OF THIS ARTICLE.

(2)  THE CONSUMPTION OF TANGIBLE PERSONAL
PROPERTY, OR THE KEEPING OR RETENTION OF POSSESSION IN THIS
STATE OF TANGIBLE PERSONAL PROPERTY FOR THE PURPOSE OF
CONSUMING SAID PROPERTY, IN THE MANUFACTURING, ASSEMBLING,
PROCESSING OR REFINING OF OTHER TANGIBLE PERSONAL PROPERTY
TO BE PRODUCED FOR SALE OR IN THE GENERATION OF ELECTRICITY
WITHIN THE MEANING OF § 324(F)(II) OF THIS ARTICLE.

(3)  THE INCORPORATION OF TANGIBLE PERSONAL
PROPERTY, OR THE KEEPING OR RETENTION OF POSSESSION IN THIS
STATE OF TANGIBLE PERSONAL PROPERTY FOR THE PURPOSE OF
INCORPORATING SAID PROPERTY, AS A MATERIAL OR PART OF OTHER
TANGIBLE PERSONAL PROPERTY TO BE PRODUCED FOR SALE BY
MANUFACTURING, ASSEMBLING, PROCESSING OR REFINING WITHIN THE
MEANING OF § 324(F)(III) OF THIS ARTICLE.

[(e) "Storage" means any keeping or the retention of
possession in this State for any purpose of tangible
personal property purchased either within or without this
State. This term shall not include the following:

(1)  The keeping or the retention of possession
in this State of tangible personal property for the purpose
of sale in the regular course of business.

(2)  The keeping or the retention of possession
in this State of tangible personal property for the purpose
of destroying said property in the manufacturing,