{"data":{"id":"us-md/md.-code-financial-institutions-12-120","jurisdiction":"us-md","citation":"Md. Code, Financial Institutions § 12–120","heading":"","body":"(a) Except as provided in § 15-802(b) of the Commercial Law Article and subsection (b) of this section, a licensee may not charge any other fee, including late fees or other service fees, for accepting or cashing a payment instrument in excess of the greater of:\n(1) 2% of the face amount of the payment instrument or $3, if the payment instrument is issued by the federal government or a state or local government;\n(2) 10% of the face amount of a payment instrument or $5, if the payment instrument is a personal check; or\n(3) 4% of the face amount of the payment instrument or $5, for any other payment instrument.\n(b) A licensee may charge a customer a one-time membership fee not to exceed $5.","path":["Article - Financial Institutions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi\u0026section=12-120","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:27Z","sha256":"59507890214c451cf17f913713e05c10480334e2b337a7a8ccd875648aa06f86","source_id":"us-md","stale":false,"prev":"us-md/md.-code-financial-institutions-12-119","next":"us-md/md.-code-financial-institutions-12-121"},"notice":"GroundRules: Original legal text. Not legal advice."}