Maryland Statutes
§ 15-102
(a)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)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.
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Nearby Sections
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§ 15-101
§ 15-101§ 15-102
§ 15-102§ 15-103
§ 15-103§ 15-104
§ 15-104§ 15-105
§ 15-105§ 15-106
§ 15-106§ 15-106.1
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