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Session Laws, 1986
Volume 768, Page 1742   View pdf image
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1742                                        LAWS OF MARYLAND                                    Ch. 472

(1)  The base price of the vehicle;

(2)  The manufacturer's code or stock number for the
vehicle; and

(3)  A clear and specific description of each extra
item and each extra charge not included in the base price of the
vehicle ordered by the buyer.

(c) When a vehicle arrives for delivery, the dealer shall
advise the buyer of[:

(1)  Any] ANY extra items ordered by the buyer that
are not on the vehicle[;].

[(2) Any] (D) WHEN A VEHICLE ARRIVES FOR DELIVERY,
THE DEALER SHALL ADVISE THE BUYER OF ANY extra items on the

vehicle that the buyer did not order[; and].

[(3) The] (E) WHEN A VEHICLE ARRIVES FOR DELIVERY,
THE DEALER SHALL ADVISE THE BUYER OF THE cost of [these] extra
items DESCRIBED UNDER SUBSECTIONS (C) AND (D) OF THIS SECTION.

15-311.1.

(a) (1) For the purposes of this section, the term

"mechanical repair contract" means any agreement or contract
between a licensed vehicle dealer and a customer by which the
dealer agrees to perform over a fixed period of time, for a
specific duration and for a specific identifiable price, services
relating to the maintenance or repair of a motor vehicle;
provided that the purchase of the contract is optional to the
purchaser.

(2)  The term "mechanical repair contract" includes,
but is not limited to, extended warranties and extended service
contracts.

(b)  (1) Any licensed vehicle dealer who offers, provides,
or sells mechanical repair contracts shall maintain adequate
insurance reserves, as defined by the Insurance Commissioner, for
each such contract for the protection of the purchasing consumer.

(2) The reserves shall be maintained with an insurer
authorized to do business in Maryland on an admitted or surplus
lines basis.

(c)  Any extended warranty or mechanical repair contract
shall be offered in addition to any express warranty originally
included as part of the contract for sale of a new motor vehicle
[and shall clearly and conspicuously set forth the date when the
warranty begins and the date or the odometer reading at which the
warranty expires].

 

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Session Laws, 1986
Volume 768, Page 1742   View pdf image
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