§ 11–203.3
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 11-203.3 (2026)
Title 11. Consumer Credit
Subtitle 2. Consumer Loans -- Licensing Provisions
§ 11–203.3LinkCopy Citation
(a)
All revenue received for the licensing and assessment of persons under this subtitle and Subtitle 3 of this title and any other fee or revenue received by the Commissioner under this subtitle shall be:
(1)
Credited to the Non–Depository Special Fund established under § 2–120 of this article; and
(2)
Used in accordance with § 2–120(d) of this article.
(b)
Notwithstanding subsection (a) of this section, the Commissioner shall pay all fines and penalties collected by the Commissioner under this subtitle and Subtitle 3 of this title into the General Fund of the State.
(c)
Subject to § 2–120(h) of this article, the Commissioner may impose an annual assessment on any licensee under this subtitle.