Maryland Financial Institutions Section 11-403

      (a)      Except as otherwise provided in this subtitle, a person may not engage in business as a sales finance company unless the person is licensed by the Commissioner.

      (b)      A separate license is required for each place of business where a person engages in business as a sales finance company.

      (c)      A political subdivision may not require a licensee to have a local license or pay a local fee for permission to engage in business as a sales finance company.