WILLIAM DONALD SCHAEFER, Governor Ch. 469

CIRCUMSTANCES AND IN THE MANNER SET FORTH IN § 14-1908 OF THIS
SUBTITLE; AND

(II) THE NAME AND ADDRESS OF THE SURETY COMPANY
WHICH ISSUED THE BOND, OR THE NAME AND ADDRESS OF THE DEPOSITORY
AND THE TRUSTEE AND THE ACCOUNT NUMBER OF THE TRUST ACCOUNT.

14-1906.

(A)  EVERY CONTRACT BETWEEN A CONSUMER AND A CREDIT SERVICES
BUSINESS FOR THE PURCHASE OF THE SERVICES OF THE CREDIT SERVICES
BUSINESS SHALL BE IN WRITING, DATED, SIGNED BY THE CONSUMER, AND
SHALL INCLUDE:

(1)  A CONSPICUOUS STATEMENT IN SIZE EQUAL TO AT LEAST
10-POINT BOLD TYPE, IN IMMEDIATE PROXIMITY TO THE SPACE RESERVED
FOR THE SIGNATURE OF THE CONSUMER AS FOLLOWS:

"YOU, THE BUYER, MAY CANCEL THIS CONTRACT AT ANY TIME PRIOR
TO MIDNIGHT OF THE THIRD BUSINESS DAY AFTER THE DATE OF THE
TRANSACTION. SEE THE ATTACHED NOTICE OF CANCELLATION FORM FOR AN
EXPLANATION OF THIS RIGHT.";

(2)  THE TERMS AND CONDITIONS OF PAYMENT, INCLUDING
THE TOTAL OF ALL PAYMENTS TO BE MADE BY THE CONSUMER, WHETHER TO
THE CREDIT SERVICES BUSINESS OR TO SOME OTHER PERSON;

(3)  A COMPLETE AND DETAILED DESCRIPTION OF THE
SERVICES TO BE PERFORMED AND THE RESULTS TO BE ACHIEVED BY THE
CREDIT SERVICES BUSINESS FOR OR ON BEHALF OF THE CONSUMER,
INCLUDING ALL GUARANTEES AND ALL PROMISES OF FULL OR PARTIAL
REFUNDS AND A LIST OF THE ADVERSE INFORMATION APPEARING ON THE
CONSUMER'S CREDIT REPORT THAT THE CREDIT SERVICES BUSINESS
EXPECTS TO HAVE MODIFIED AND THE ESTIMATED DATE BY WHICH EACH
MODIFICATION WILL OCCUR; AND

(4)  THE PRINCIPAL BUSINESS ADDRESS OF THE CREDIT
SERVICES BUSINESS AND THE NAME AND ADDRESS OF ITS AGENT IN THIS
STATE AUTHORIZED TO RECEIVE SERVICE OF PROCESS.

(B)  THE CONTRACT SHALL BE ACCOMPANIED BY A FORM COMPLETED
IN DUPLICATE, CAPTIONED "NOTICE OF CANCELLATION", WHICH SHALL BE
ATTACHED TO THE CONTRACT AND EASILY DETACHABLE, AND WHICH SHALL
CONTAIN IN AT LEAST 10-POINT BOLD TYPE THE FOLLOWING STATEMENT:

"NOTICE OF CANCELLATION

YOU MAY CANCEL THIS CONTRACT, WITHOUT ANY PENALTY OR
OBLIGATION, AT ANY TIME PRIOR TO MIDNIGHT OF THE THIRD BUSINESS
DAY AFTER THE DATE THE CONTRACT IS SIGNED.

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