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Terms Used In Maryland Code, BUSINESS REGULATION 17-102

  • Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
(a) This title applies to a person who is engaged in a for-profit business.

(b) This title does not apply to:

(1) a person who is engaged in a not-for-profit business or a business exempt from taxation under the federal Internal Revenue Code; or

(2) a governmental unit.

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