Md. Code Ann., Fin. Inst. § 12-113
Redline — January 1, 2019 → current.View current text →
Current — January 1, 2024
As of January 1, 2019
(a) A licensee may not change the location for which a license is issued unless the licensee: (1) Provides to the Commissioner, in the form and in accordance with the process that the Commissioner requires, notice of the proposed change; and (2) Receives the written consent of the Commissioner by United States mail, e–mail, or any means provided through NMLS prior to the change.
(a) A licensee may not add, delete, or modify a location required to be listed in NMLS under § 12–110(a)(2), (3), or (4) of this subtitle unless: (1) The licensee provides to the Commissioner, through NMLS and in accordance with any regulations the Commissioner adopts, notice of the addition, deletion, or modification; (2) The addition, deletion, or modification of the location is recorded with the information associated with the licensee’s license in NMLS; and (3) The addition, deletion, or modification of the location otherwise complies with this subtitle.
(b) If the Commissioner consents to a proposed change of location, the Commissioner shall send the licensee an amended license.
(b) The licensee may not do business at a location or in a geographic area required to be listed in NMLS by § 12–110(a)(2), (3), or (4) of this subtitle until the location or geographic area is recorded with the information associated with the licensee’s license in NMLS.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.