Current with changes from the 2024 Legislative Session
Section 12-102 - Scope of title(a) This title does not apply to a transaction that involves: (1) merchandise acquired from an established manufacturer or dealer who holds a license under this title, other than a pawnbroker, if the dealer who acquires the merchandise keeps an invoice or other customary proof of origin for the merchandise;(2) a metal acquired for use in dentistry by a dentist licensed to practice dentistry under Title 4 of the Health Occupations Article;(4) the purchase of junk or scrap metal that is subject to the record keeping and reporting requirements under § 17-1011 of this article.(b) If a retail jeweler has a fixed business address in the State, this title does not apply to a transaction in which the retail jeweler:(1) accepts, in accordance with a posted return policy, the return of an item that the jeweler originally sold;(2) accepts, in accordance with a published trade-in policy, merchandise in trade that the jeweler originally sold;(3) repossesses merchandise that the jeweler originally sold, if the original buyer has defaulted;(4) retains merchandise that the jeweler originally accepted for repair as a bailee for hire, if the customer who deposited the merchandise:(ii) failed to reclaim the merchandise within the time agreed on with the jeweler;(5) accumulates pieces of precious metals in the course of performing repairs, remountings, fabrications, or custom orders; or(6) participates in a remount sale.(c) Except as otherwise provided in this title, this title does not apply to a pawnbroker located in a county that regulates pawnbrokers unless the pawnbroker does business as a dealer.(d)(1) A county or municipal corporation may not enact a law to regulate dealers or coins.(2) This title supersedes any existing law of a county or municipal corporation that regulates dealers or coins.Amended by 2013 Md. Laws, Ch. 399,Sec. 1, eff. 10/1/2013.