2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 11-403 - License required; local licenses prohibited
§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.
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