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Maryland Code, Business Regulation § 1-502

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) In this subtitle the following words have the meanings indicated.

(b) “Currency” means currency and coin of the United States or any other country.

(c) “Department” means the Maryland Department of Labor.

(d) “Person engaged in a trade or business” means an individual, partnership, limited liability company, firm, trust, estate, association, corporation, or other entity:

(1) engaged in vehicle sales, including motor vehicle, airplane, and boat sales;

(2) that conducts real estate closings and settlements; or

(3) engaged in the sale or pledging of jewelry.

(e) “Secretary” means the Secretary of Labor.

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Cite this article: FindLaw.com - Maryland Code, Business Regulation § 1-502 - last updated January 01, 2025 | https://codes.findlaw.com/md/business-regulation/md-code-bus-reg-sect-1-502/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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