State Codes and Statutes
Statutes > Maryland > Commercial-law > Title-15 > Subtitle-7 > 15-701§ 15-701. Definitions.
(a) In general.- In this subtitle the following words have the meanings indicated.
(b) Consumer debt.- "Consumer debt" means any debt arising from a transaction for consumer goods as defined in § 9-109 of this article.
(c) Offset.- "Offset" means the seizure by a bank of personal property, belonging to a customer, in the bank's possession or under its control on deposit to settle delinquent debts.
[1975, ch. 218.]
