HARRY HUGHES, Governor

1261

486E.

(A)  A premium finance agreement may provide for the
payment by the insured of a delinquency and collection
charge on each installment in default for a period of not
less than 5 days in an amount of $1 to a maximum not to
exceed 5 percent of the installment or $5, whichever is
less, provided that only one delinquency and collection
charge may be collected on any installment regardless of the
period during which it remains in default; and if the
default results in the cancellation of any insurance
contract listed in the agreement, the agreement may provide
for the payment by the insured of a cancellation charge
equal to the difference between any delinquency and
collection charge imposed in respect to the installment in
default and $10; provided, however, that should the
cancellation notice be withdrawn prior to its effective date
and the insurance coverages reinstated, the agreement may
provide for payment by the insured of the same charges
provided for above where the cancellation is actually
effected.

(B)  A PREMIUM FINANCE COMPANY MAY CHARGE A BAD CHECK
FEE NOT TO EXCEED $10 FOR ACTUAL EXPENSES INCURRED IN THE
PROCESSING OF A BAB DISHONORED CHECK.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1981.

Approved April 28, 1981.

CHAPTER 180

(House Bill 936)

AN ACT concerning

Prince George's County - Alcoholic Beverages - Holiday Sales

PG 310-81

FOR the purpose of allowing the sale of alcoholic beverages
in Prince George's County on certain dates when those
dates fall on a Sunday.

BY repealing and reenacting, with amendments,

Article 2B - Alcoholic Beverages

Section 90(a) and 103(a)

Annotated Code of Maryland

(1976 Replacement Volume and 1980 Supplement)