2416                                             LAWS OF MARYLAND                                         Ch. 403

open end retail credit accounts; and generally relating to
open end retail credit accounts.

BY repealing

Article - Commercial Law
Section 12-506(h)(3)
Annotated Code of Maryland
(1983 Replacement Volume)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Commercial Law

12-506.

(h) [(3) (i) The charges prohibited by this section
include, but are not limited to, charges indirectly imposed on
the buyer when the seller or financial institution imposes such
charges on a wholesaler or retailer while the seller or financial
institution is also a producer, refiner, distributor,
manufacturer, transporter, or marketer of petroleum products sold
on credit to the buyer, or when the seller or financial
institution owns a fee simple or leasehold interest in the real
property from which petroleum products are sold on credit to the
buyer.

(ii) The provisions of subparagraph (i) of this
paragraph do not prohibit the seller or financial institution
from imposing the charges described in subparagraph (i) of this
paragraph for purchases of nonpetroleum products.

(iii) For purposes of this paragraph,
"petroleum product" has the same meaning as indicated in Article
56, Section 135(j) of the Code.]

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1984.

Approved May 15, 1984.

CHAPTER 404

(House Bill 369)

AN ACT concerning

Septic Systems - Innovative and Alternative Septic
System Grant Program