Md. Code Ann., Educ. § 15-102
Use of credit cards for payment
Effective Jul 1, 1988Added as Education § 11-102 by Acts 1978, c. 22, § 2, eff. July 1, 1978. Renumbered as Education § 15-102 by Acts 1988, c. 246, § 2, eff. July 1, 1988. Amended by Acts 1989, c. 89.State of Maryland
(a) Each public institution of higher education may honor credit cards as payment for:
- (1) Tuition and fees;
- (2) Room and board; and
- (3) Any goods or services purchased from other auxiliary enterprises.
- (b) The governing boards of the institutions shall determine which credit cards are acceptable for this purpose. However, a public institution may not accept a credit card from any credit card company which charges that institution a vendor discount, service charge or similar fee in excess of 2.5 percent.
Added as Education § 11-102 by Acts 1978, c. 22, § 2, eff. July 1, 1978. Renumbered as Education § 15-102 by Acts 1988, c. 246, § 2, eff. July 1, 1988. Amended by Acts 1989, c. 89.