# Financial Institutions (GFI)

## Title 11. Consumer Credit

### Subtitle 2. Consumer Loans -- Licensing Provisions

#### Section 11-203.3

(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 Sec. 2-120 of this article; and

  (2) Used in accordance with Sec. 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 Sec. 2-120(h) of this article, the Commissioner may impose an annual assessment on any licensee under this subtitle.

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