Md. Code, Commercial Law § 15-701

Md. Code, Commercial Law § 15-701
in effect
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(a) In this subtitle the following words have the meanings indicated. (b) “Consumer debt” means any debt arising from a transaction for consumer goods as defined in § 9-109 of this article. (c) “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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl&section=15-701&enactments=falseFetched: 10/16/2026

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