Section 15-701 - Definitions. - Maryland Statutes

§ 15-701. Definitions.
 

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

(b)  Consumer debt.- "Consumer debt" means any debt arising from a transaction for consumer goods as defined in § 9-109 of this article. 

(c)  Offset.- "Offset" means the seizure by a bank of personal property, belonging to a customer, in the bank's possession or under its control on deposit to settle delinquent debts. 
 

[1975, ch. 218.]