State Codes and Statutes
Statutes > Maryland > Education > Title-15 > Subtitle-1 > 15-102§ 15-102. Payments by credit card.
(a) Authorized.- Each public institution of higher education may honor credit cards as payment for:
(1) Tuition and fees;
(2) Room and board; and
(3) Any goods or services purchased from other auxiliary enterprises.
(b) Board to determine which cards are acceptable; amount of vendor discount or service charge.- The governing boards of the institutions shall determine which credit cards are acceptable for this purpose. However, a public institution may not accept a credit card from any credit card company which charges that institution a vendor discount, service charge or similar fee in excess of 2.5 percent.
[ED § 11-102; 1988, ch. 246, § 2; 1989, ch. 89.]
