§ 1-502. Definitions  


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

    (b) Currency. -- "Currency" means currency and coin of the United States or any other country.

    (c) Department. -- "Department" means the Department of Labor, Licensing, and Regulation.

    (d) Person engaged in a trade or business. -- "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. -- "Secretary" means the Secretary of Labor, Licensing, and Regulation.


HISTORY: 1990, ch. 411; 1992, ch. 536; 1994, ch. 3, § 14; 1995, ch. 120, § 5, 19.