2013 Maryland Code
BUSINESS REGULATION
§ 7-302 - Applications for licenses; renewals

§7-302.

(a) (1) An applicant for a license shall:

(i) submit to the Board an application on the form that the Board provides; and

(ii) pay to the Board:

1. an application fee in the amount set by the Board; and

2. an investigation fee in the amount set by the Board.

(2) The fees authorized under this subsection may not exceed a total of $900 for a 2-year term.

(b) An application shall be made under oath.

(c) If an applicant wishes to do business as a collection agency at more than 1 place, the applicant shall submit a separate application and pay a separate application fee for each place.

(d) An application fee is nonrefundable.

(e) Before a license expires, the licensee periodically may renew the license for additional 2-year terms, if the licensee:

(1) otherwise is entitled to be licensed;

(2) pays to the Board a renewal fee in an amount, not exceeding $900, set by the Board;

(3) submits to the Board a renewal application on a form required by the Board; and

(4) files with the Board a bond or bond continuation certificate as required under § 7-304 of this subtitle.

§ 7-302 - 1. Board to set fees by regulation.

(a) In general. -- Subject to § 7-302(a)(2) and (e)(2) of this subtitle, the Board shall set by regulation the fees provided for in this subtitle.

(b) Requirements. -- The fees established by the Board under this section shall be reasonable and set in a manner that will produce funds sufficient to cover the actual direct and indirect costs of regulating collection agencies in accordance with the provisions of this title.

(c) Publication. -- The Board shall publish the fee schedule set by the Board.