§ 11-401. Definitions
West's Annotated Code of MarylandCommercial LawEffective: June 1, 2010
Effective: June 1, 2010
MD Code, Commercial Law, § 11-401
§ 11-401. Definitions
(e) “Replacement cost” means the cost per unit for which the merchandise sold or offered for sale could have been bought by the wholesaler or retailer at any time within 30 days before the date of sale or the date on which it is offered for sale by him if bought in the same quantity as his last purchase of the merchandise.
Credits
Added by Acts 1975, c. 49, § 3, eff. July 1, 1975. Amended by Acts 1994, c. 3, § 1, eff. Feb. 28, 1994; Acts 2010, c. 611, § 2, eff. June 1, 2010.
Formerly Art. 83, § 112.
MD Code, Commercial Law, § 11-401, MD COML § 11-401
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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