Md. Code Ann., Bus. Reg. § 1-502
Definitions
Effective Jul 1, 2019Added by Acts 1990, c. 411; Acts 1992, c. 536; renumbered from Corporations and Associations, § 1-502 by Acts 1994, c. 3, § 14, eff. Feb. 28, 1994. Amended by Acts 1995, c. 120, § 5, eff. July 1, 1995; Acts 2019, c. 8, § 5.State of Maryland
- (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.
Added by Acts 1990, c. 411; Acts 1992, c. 536; renumbered from Corporations and Associations, § 1-502 by Acts 1994, c. 3, § 14, eff. Feb. 28, 1994. Amended by Acts 1995, c. 120, § 5, eff. July 1, 1995; Acts 2019, c. 8, § 5.