Maryland Statutes
Subtitle 9 - Maryland Debt Management Services Act
Section 12-904 - Fees

(a)    An applicant shall submit separate applications for the applicant’s principal executive office and each branch location.
    (b)    With the license application for the principal executive office of an applicant, the applicant shall pay to the Commissioner:
        (1)    A nonrefundable investigation fee of $1,000 for an initial license; and
        (2)    A license fee for an initial license or a license renewal for an additional 1–year term, as follows:
            (i)    $500, if the applicant’s annual gross revenue is not more than $3,000,000;
            (ii)    $1,000, if the applicant’s annual gross revenue is more than $3,000,000 but not more than $6,000,000;
            (iii)    $2,000, if the applicant’s annual gross revenue is more than $6,000,000 but not more than $15,000,000;
            (iv)    $3,000, if the applicant’s annual gross revenue is more than $15,000,000 but not more than $30,000,000; or
            (v)    $4,000, if the applicant’s annual gross revenue is more than $30,000,000.
    (c)    With the license application for each branch location of an applicant, the applicant shall pay to the Commissioner a $100 license fee for an initial license or a license renewal for an additional 1–year term.

Structure Maryland Statutes