§ 1–601
Statutes in effect as of October 1, 2026.
Md. Code Ann., Bus. Reg. § 1-601 (2026)
Title 1. Definitions; General Provisions
Subtitle 6
§ 1–601LinkCopy Citation
(a)
In this subtitle the following words have the meanings indicated.
(b)
(1)
“Cash” means United States coins and currency.
(2)
“Cash” does not include:
(i)
a paper instrument other than a Federal Reserve note; or
(ii)
a gift card.
(c)
“Customer” means a purchaser of a good or service from a merchant.
(d)
“Merchant” means a person engaged in the trade or business of the sale of goods or services.
(e)
“Price” means the amount due and payable by a customer for a good or service after a merchant:
(1)
subtracts any discount or deduction; and
(2)
applies any applicable tax or fee.