# Business Regulation (GBR)

## Title 12. Secondhand Precious Metal Object Dealers and Pawnbrokers

### Subtitle 2. Secondhand Precious Metal Object Dealers

#### Section 12-201

(a) Except as otherwise provided in this title or Sec.Sec. 10-14A-03 and 10-14B-03 of the State Government Article, an individual shall have a license before the individual does business as a dealer in the State.

(b) Except those pawnbrokers who are exempt from State licensing under Sec. 12-102(c) of this title or Sec.Sec. 10-14A-03 and 10-14B-03 of the State Government Article, all pawnbrokers must be licensed as dealers.

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Md. Code Ann., Bus. Reg. (as displayed at mgaleg.maryland.gov, October 16, 2026)