A money transmitter is subject to the enforcement provisions of §§ 2–114 through 2–116 of this article if the money transmitter:
(1) Is not licensed under this subtitle; or
(2) Is not an authorized delegate of a licensee.
Md. Code Ann., Fin. Inst. § 12-427
Known as the Maryland Money Transmission Act
The act spans §§ 12–12 (34 sections).
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.