Maryland Financial Institutions Section 12-106

      To qualify for a license, an applicant shall satisfy the Commissioner that:

            (1)      The applicant's business will promote the convenience and advantage of the community in which the applicant's place of business, or mobile unit, will be located; and

            (2)      The applicant or, if the applicant is not an individual, each of the owners, officers, directors, or principals of the entity:

                  (i)      Has sufficient experience, character, financial responsibility, and general fitness to:

                        1.      Command the confidence of the public; and

                        2.      Warrant the belief that the business will be operated lawfully, honestly, fairly, and efficiently; and

                  (ii)      Has not committed any act that would be a ground for suspension or revocation of a license under this subtitle.