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Martin O'Malley, Governor
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S.B. 502
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14-4A-03.
A VEHICLE PROTECTION PRODUCT MAY NOT BE SOLD OR OFFERED FOR
SALE IN THE STATE UNLESS THE SELLER AND WARRANTOR OF THE VEHICLE
PROTECTION PRODUCT, AND THE WARRANTOR'S ADMINISTRATOR, COMPLY
WITH THE PROVISIONS OF THIS SUBTITLE.
14-4A-04.
(A) A WARRANTOR OF A VEHICLE PROTECTION PRODUCT THAT IS SOLD
OR OFFERED FOR SALE IN THE STATE SHALL REGISTER WITH THE DIVISION ON
THE FORM THAT THE DIVISION PROVIDES.
(B) THE REGISTRATION FORM SHALL INCLUDE:
(1) THE NAME, ADDRESS, AND TELEPHONE NUMBER OF THE
WARRANTOR, INCLUDING ANY NAME UNDER WHICH THE WARRANTOR DOES
BUSINESS;
(2) THE NAME, ADDRESS, AND TELEPHONE NUMBER OF THE
WARRANTOR'S ADMINISTRATOR, IF ANY;
(3) THE NAME AND ADDRESS OF THE WARRANTOR'S REGISTERED
AGENT, IF ANY;
(4) THE NAME OF AT LEAST ONE OFFICER OF THE WARRANTOR
WHO IS DIRECTLY RESPONSIBLE FOR THE WARRANTOR'S VEHICLE PROTECTION
PRODUCT BUSINESS;
(5) (I) IF THE WARRANTOR ELECTS TO CARRY WARRANTY
REIMBURSEMENT INSURANCE IN ACCORDANCE WITH § 14-4A-07(A)(1) OF THIS
SUBTITLE, A COPY OF THE WARRANTOR'S WARRANTY REIMBURSEMENT
INSURANCE POLICY; OR
(II) IF THE WARRANTOR ELECTS TO MEET ITS FINANCIAL
OBLIGATIONS IN ACCORDANCE WITH § 14-4A-07(A)(2) OF THIS SUBTITLE, ONE
OF THE FOLLOWING:
1. A COPY OF THE MOST RECENT FORM 10-K OR
FORM 20-F FILED BY THE WARRANTOR OF THE WARRANTOR'S PARENT
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- 4283 -
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