Keeling v. Ford Motor Credit Co.

The majority, concluding that the lease in this case is not governed by the Retail Installment Sales Act (RISA), Maryland Code (1975, 1983 Repl.Vol.), Title 12, Subtitle 6 of the Commercial Law Article, upholds the decisions below in favor of the Respondent Ford Motor Credit Company. Because I believe that the lease is clearly governed by the terms of RISA, I dissent.

I

Ford Motor Credit Company claims that the lease was not subject to the notice requirements in § 12-624(d) of RISA because it was not an “installment sales agreement.” § 12-601(Z )(2)(iii) of RISA defines an installment sales…