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Md. Code Ann., Com. Law § 14-4813

Redline — January 1, 2025 → current.View current text →
Current — January 1, 2026
As of January 1, 2025
This subtitle may be cited as the Maryland Age–Appropriate Design Code Act.
This subtitle may be cited as the Maryland Age–Appropriate Design Code Act.
§14–4901. NOT IN EFFECT
** TAKES EFFECT JUNE 1, 2025 PER CHAPTER 463 OF 2024 **
(a) In this subtitle the following words have the meanings indicated.
(b) “Division” has the meaning stated in § 13–101 of this article.
(c) “Merchant” has the meaning stated in § 13–101 of this article.
(d) “Open–loop gift card” means a card, code, or device that is:
(1) Issued to a consumer on a prepaid basis primarily for personal, family, or household purposes in a specified amount, regardless of whether that amount may be increased or reloaded in exchange for payment;
(2) Payment card network branded; and
(3) (i) Redeemable on presentation at multiple unaffiliated merchants for goods or services within the payment card network; or
(ii) Usable at an automated teller machine.
(e) “Third–party gift card reseller” means a merchant who, without authorization from or affiliation with the business entity issuing an open–loop gift card, is engaged in the business of:
(1) Buying open–loop gift cards on behalf of consumers; or
(2) Reselling open–loop gift cards to consumers.

Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.