Section 12-101 - Definitions. - Maryland Statutes

§ 12-101. Definitions.
 

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

(b)  Exempt entity.- "Exempt entity" means an entity that is exempt from all requirements of licensing as provided under § 12-103 (b) and (c) of this subtitle. 

(c)  License.- "License" means, unless the context requires otherwise, a license issued by the Commissioner under this subtitle to provide check cashing services. 

(d)  Licensee.- "Licensee" means, unless the context requires otherwise, a person that is licensed by the Commissioner under this subtitle to provide check cashing services. 

(e)  Mobile unit.- "Mobile unit" means a motor vehicle or other movable means from which check cashing services are provided. 

(f)  Payment instrument.-  

(1) "Payment instrument" means a check or a draft ordering a person to pay money. 

(2) "Payment instrument" includes a money order. 

(g)  Provide check cashing services.- "Provide check cashing services" means to accept or cash, for compensation, a payment instrument regardless of the date of the payment instrument. 
 

[2000, ch. 614, § 2.]