(a) A license is not transferable.
(b) (1) Each licensee shall conspicuously post, in 48 point or larger type, at the licensee’s licensed location the following information:
(i) The licensee’s unique identifier; and
(ii) A statement advising consumers of the availability of the NMLS Consumer Access website to verify the licensing status of the licensee.
(2) Each licensee shall conspicuously display the following information on the licensee’s website, any software application accessible to the public and used to engage in business as a sales finance company, and profile page within each social media platform the licensee uses:
(i) The licensee’s unique identifier; and
(ii) A link to the NMLS Consumer Access website.
(c) A licensee is not required to post the information required in subsection (b)(1) of this section if the licensee does not grant regular access to the licensed location to members of the general public.
Structure Maryland Statutes
Subtitle 4 - Sales Finance Companies -- Licensing Provisions
Section 11-402 - Scope of Subtitle
Section 11-403 - License Required; Local Licenses Prohibited; Transfer of Information to Nmls
Section 11-404 - Applications for Licenses
Section 11-405 - Grounds for Denial of Application
Section 11-406 - Investigation Expenses; Other Payments Prohibited
Section 11-407 - Issuance of License or Denial of Application
Section 11-408 - Contents and Scope of Licenses; Additional Licenses
Section 11-409 - Term; Expiration and Renewal
Section 11-410 - License Not Transferable; Display
Section 11-411 - Change of Location
Section 11-412 - Surrender of License
Section 11-412.1 - Confidentiality of Information
Section 11-413 - Investigatory Powers of Commissioner
Section 11-414 - Suspensions and Revocations
Section 11-416 - Judicial Review
Section 11-417 - Effect of Surrender, Suspension, or Revocation