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Ch. 280
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1020
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LAWS OF MARYLAND
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(2) CONTAIN THE NAME AND PLACE OF BUSINESS OF THE
INSURANCE AGENT NEGOTIATING THE RELATED INSURANCE CONTRACT, THE
NAME AND RESIDENCE OR THE PLACE OF BUSINESS OF THE INSURED AS
SPECIFIED BY HIM, THE NAME AND PLACE OF BUSINESS OF THE PREMIUM
FINANCE COMPANY TO WHICH PAYMENTS ARE TO BE MADE, A BRIEF
DESCRIPTION OF THE INSURANCE CONTRACTS INVOLVED, AND THE AMOUNT
OF THE PREMIUM; AND
(3) SET FORTH THE FOLLOWING ITEMS WHERE APPLICABLE:
(I) THE TOTAL AMOUNT OF THE PREMIUMS;
(II) THE AMOUNT OF THE DOWN PAYMENT;
(III) THE PRINCIPAL BALANCE (THE DIFFERENCE
BETWEEN (I) AND (II);
(IV) THE AMOUNT OF THE FINANCE CHARGE;
(V) THE BALANCE PAYABLE BY THE INSURED (SUM OF
ITEMS (III) AND (IV); AND
(VI) THE NUMBER OF INSTALLMENTS REQUIRED, THE
AMOUNT OF EACH INSTALLMENT EXPRESSED IN DOLLARS, AND THE DUE DATE
OR PERIOD THEREOF.
(B) THE ITEMS SET OUT IN PARAGRAPH (3) OF THIS SUBSECTION
(A) NEED NOT BE STATED IN THE SEQUENCE OR ORDER IN WHICH THEY
APPEAR. ADDITIONAL ITEMS MAY BE INCLUDED TO EXPLAIN THE
COMPUTATIONS MADE IN DETERMINING THE AMOUNT TO BE PAID BY THE
INSURED.
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SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1983.
Approved May 10, 1983.
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CHAPTER 281
(House Bill 1496)
AN ACT concerning
Washington Suburban Sanitary Commission -
Deferred Connection Fees
MC/PG 29-83
FOR the purpose of altering the date after which property tax
bills in Montgomery County are required to list separately
any deferred water and sewer connection benefit charges.
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