There is a newer version of the Maryland Code
Maryland Financial Institutions Section 12-427
§ 12-427.
  A person that engages in the business of money transmission is subject to the enforcement provisions of §§ 2-114 through 2-116 of this article if the person:
    (1)   Is not licensed under this subtitle; or
    (2)   Is not an authorized delegate of a licensee.
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