2019 Maryland Code
Financial Institutions
Title 11 - Consumer Credit
Subtitle 4 - Sales Finance Companies -- Licensing Provisions
§ 11-404. Applications for licenses
(a) (1) To apply for a license, an applicant shall:
(i) Complete, sign, and submit to the Commissioner a completed application made under oath in the form, and in accordance with the process, that the Commissioner requires; and
(ii) Provide all the information that the Commissioner requests.
(2) The application shall include:
(i) The applicant’s name, the applicant’s principal executive office address, and, if the applicant is not an individual, the name and residence address of each control person;
(ii) The address of each branch location, if any; and
(iii) Any other pertinent information that the Commissioner requires.
(b) With the application, the applicant shall pay to the Commissioner:
(1) An investigation fee of $100; and
(2) A license fee of $125.
(c) For the principal executive office and each branch location license for which an applicant applies, the applicant shall:
(1) Submit a separate application; and
(2) Pay a separate investigation fee and license fee.
