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Md. Code Ann., Fin. Inst. § 12-403

Known as the Maryland Money Transmission Act

The act spans §§ 12–12 (34 sections).

To carry out the provisions of this subtitle, the Commissioner may:

(1) Adopt rules and regulations;

(2) Enter into cooperative and information sharing agreements with any federal or State agency having supervisory responsibility over the business of money transmission; and

(3) Provide any federal or State agency having supervisory responsibility over money transmission with any documents or other information.

Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.