(a) A warrantor of a vehicle protection product sold or offered for sale in the State shall keep accurate accounts, books, and records that relate to its vehicle protection product warranties.
(b) A warrantor’s accounts, books, and records shall include:
(1) A copy of each vehicle protection product warranty sold or issued in the State;
(2) The name and address of each warranty holder; and
(3) The date, amount, and description of each receipt, claim, and expenditure.
(c) A warrantor shall keep accounts, books, and records relating to a vehicle protection product warranty and a warranty holder for at least 2 years following the expiration of the vehicle protection product warranty.
(d) A warrantor that discontinues business in the State shall maintain its accounts, books, and records until it can prove to the Division that it has discharged all of its obligations to any warranty holder in the State.
(e) On request, a warrantor shall make all of its accounts, books, and records available for inspection by the Division.
Structure Maryland Statutes
Title 14 - Miscellaneous Consumer Protection Provisions
Subtitle 4A - Vehicle Protection Products Act
Section 14-4A-01 - Definitions
Section 14-4A-02 - Applicability of Subtitle and Other Provisions
Section 14-4A-03 - Sale of a Vehicle Protection Product
Section 14-4A-04 - Registration
Section 14-4A-05 - Availability of Information to the Public
Section 14-4A-06 - Record Keeping
Section 14-4A-08 - Vehicle Protection Product Warranty
Section 14-4A-09 - Usage of Certain Terms
Section 14-4A-10 - Requiring Purchase of Vehicle Protection Product Prohibited
Section 14-4A-11 - Settlement of Disputes
Section 14-4A-12 - Liabilities and Duties