State Codes and Statutes

Statutes > Maryland > Commercial-law > Title-15 > Subtitle-3 > 15-301

§ 15-301. Definitions.
 

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

(b)  Assignment.-  

(1) "Assignment" includes every transfer, sale, pledge, mortgage, or hypothecation, however made or attempted, of the wages of a person or any interest in them. 

(2) "Assignment" does not include an authorization by a borrower or his guarantor or surety for payroll deductions to repay a loan made by a state or federally chartered credit union to a credit union member. 

(c)  County.- "County" includes Baltimore City. 

(d)  Court.- "Court" means the District Court for the county where an assignor resides. 

(e)  Person.- "Person" includes an individual, corporation, business trust, statutory trust, estate, trust, partnership, association, two or more persons having a joint or common interest, or any other legal or commercial entity. 

(f)  Wages.- "Wages" means all remuneration paid to any employee for his employment, including the cash value of all remuneration paid in any medium other than cash. 
 

[An. Code 1957, art. 8, §§ 6, 9; 1975, ch. 49, § 3; 2010, ch. 611, § 2.] 
 

State Codes and Statutes

Statutes > Maryland > Commercial-law > Title-15 > Subtitle-3 > 15-301

§ 15-301. Definitions.
 

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

(b)  Assignment.-  

(1) "Assignment" includes every transfer, sale, pledge, mortgage, or hypothecation, however made or attempted, of the wages of a person or any interest in them. 

(2) "Assignment" does not include an authorization by a borrower or his guarantor or surety for payroll deductions to repay a loan made by a state or federally chartered credit union to a credit union member. 

(c)  County.- "County" includes Baltimore City. 

(d)  Court.- "Court" means the District Court for the county where an assignor resides. 

(e)  Person.- "Person" includes an individual, corporation, business trust, statutory trust, estate, trust, partnership, association, two or more persons having a joint or common interest, or any other legal or commercial entity. 

(f)  Wages.- "Wages" means all remuneration paid to any employee for his employment, including the cash value of all remuneration paid in any medium other than cash. 
 

[An. Code 1957, art. 8, §§ 6, 9; 1975, ch. 49, § 3; 2010, ch. 611, § 2.] 
 


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > Commercial-law > Title-15 > Subtitle-3 > 15-301

§ 15-301. Definitions.
 

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

(b)  Assignment.-  

(1) "Assignment" includes every transfer, sale, pledge, mortgage, or hypothecation, however made or attempted, of the wages of a person or any interest in them. 

(2) "Assignment" does not include an authorization by a borrower or his guarantor or surety for payroll deductions to repay a loan made by a state or federally chartered credit union to a credit union member. 

(c)  County.- "County" includes Baltimore City. 

(d)  Court.- "Court" means the District Court for the county where an assignor resides. 

(e)  Person.- "Person" includes an individual, corporation, business trust, statutory trust, estate, trust, partnership, association, two or more persons having a joint or common interest, or any other legal or commercial entity. 

(f)  Wages.- "Wages" means all remuneration paid to any employee for his employment, including the cash value of all remuneration paid in any medium other than cash. 
 

[An. Code 1957, art. 8, §§ 6, 9; 1975, ch. 49, § 3; 2010, ch. 611, § 2.]