|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Martin O'Malley, Governor
|
|
|
|
|
|
S.B. 502
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(2) (I) AT THE TIME OF SALE, A RECEIPT OR OTHER WRITTEN
EVIDENCE OF THE PURCHASE OF HE VEHICLE PROTECTION PRODUCT; AND
(II) WITHIN 30 DAYS AFTER THE DATE OF THE PURCHASE, A
WRITTEN COPY OF THE VEHICLE PROTECTION PRODUCT WARRANTY.
(D) THE INFORMATION REQUIRED UNDER SUBSECTION (A)(3) AND (5)
OF THIS SECTION MAY BE ADDED TO OR STAMPED ON THE VEHICLE
PROTECTION PRODUCT WARRANTY INSTEAD OF BEING PREPRINTED ON THE
VEHICLE PROTECTION PRODUCT WARRANTY.
(E) AT THE TIME OF PURCHASE OF A VEHICLE PROTECTION PRODUCT,
A WARRANTOR MAY NEGOTIATE WITH THE PURCHASER THE PURCHASE PRICE
AND TERMS OF THE VEHICLE PROTECTION PRODUCT WARRANTY.
(F) A VEHICLE PROTECTION PRODUCT WARRANTY MAY PROVIDE FOR
THE REIMBURSEMENT OF INCIDENTAL COSTS INCURRED BY THE WARRANTY
HOLDER:
(1) IN A FIXED AMOUNT SPECIFIED IN THE VEHICLE PROTECTION
PRODUCT WARRANTY; OR
(2) ACCORDING TO A FORMULA THAT ITEMIZES SPECIFIC
INCIDENTAL COSTS INCURRED BY THE WARRANTY HOLDER.
14-4A-09.
(A) UNLESS AUTHORIZED BY THE MARYLAND INSURANCE
COMMISSIONER TO ENGAGE IN THE INSURANCE BUSINESS IN THE STATE, A
WARRANTOR MAY NOT USE THE FOLLOWING WORDS IN ITS NAME, CONTRACTS,
OR LITERATURE:
(1) "INSURANCE";
(2) "CASUALTY";
(3) "SURETY";
(4) "MUTUAL"; OR
(5) ANY OTHER WORDS THAT ARE:
|
|
|
|
|
|
|
|
|
|
- 4289 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
