Maryland Statutes
Subtitle 4 - Sales Finance Companies -- Licensing Provisions
Section 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.

Structure Maryland Statutes