§ 7–308
Statutes in effect as of October 1, 2026.
Md. Code Ann., Bus. Reg. § 7-308 (2026)
Title 7. Collection Agencies
Subtitle 3. Licenses
§ 7–308LinkCopy Citation
(a)
Subject to the hearing provisions of § 7–309 of this subtitle, the Board may reprimand a licensee or suspend or revoke a license if the licensee or any owner, director, officer, member, partner, or agent of the licensee:
(1)
makes any material misstatement in an application for a license;
(2)
is convicted under the laws of the United States or of any state of:
(i)
a felony; or
(ii)
a misdemeanor that is directly related to the fitness and qualification of the person to engage in the collection agency business;
(3)
in connection with the collection of any consumer claim:
(i)
commits any fraud; or
(ii)
engages in any illegal or dishonest activities;
(4)
knowingly or negligently violates the Maryland Consumer Debt Collection Act; or
(5)
fails to comply with a lawful order that the Board passes under this title.
(b)
In determining whether to reprimand a licensee or to suspend or revoke a license for a reason described in subsection (a)(2) of this section, the Board shall consider:
(1)
the nature of the crime;
(2)
the relationship of the crime to the activities authorized by the license;
(3)
with respect to a felony, the relevance of the conviction to the fitness and qualification of the licensee to engage in the collection agency business;
(4)
the length of time since the conviction; and
(5)
the behavior and activities of the licensee since the conviction.