Section 15-102 - Payments by credit card. - Maryland Statutes

§ 15-102. Payments by credit card.
 

(a)  Authorized.- 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)  Board to determine which cards are acceptable; amount of vendor discount or service charge.- 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. 
 

[ED § 11-102; 1988, ch. 246, § 2; 1989, ch. 89.]