Unannotated Code of Maryland (Last Updated: May 16, 2014) |
FINANCIAL INSTITUTIONS |
TITLE 12. MISCELLANEOUS INSTITUTIONS AND ACTIVITIES |
SUBTITLE 4. MARYLAND MONEY TRANSMISSION ACT |
§ 12-420. Redemption of unused payment instruments
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Except as permitted by § 17-308.1 of the Commercial Law Article, a licensee or its authorized delegate may charge a service fee, not to exceed $ 5, to any original buyer who redeems an unused payment instrument.
HISTORY: An. Code 1957, art. 11, § 219A; 1980, ch. 33, § 2; ch. 541; 1995, ch. 432; 1997, ch. 23; 2002, ch. 539.