2016 Maryland Code
Business Regulation
Title 7 - Collection Agencies
Subtitle 3 - Licenses
§ 7-302. Applications for licenses; renewals

(a) In general. --

(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) Oath required. -- An application shall be made under oath.

(c) Separate application and fee for each place of business. -- 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) Fee nonrefundable. -- An application fee is nonrefundable.

(e) Renewal of licenses. -- 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.