# Financial Institutions (GFI)

## Title 11. Consumer Credit

### Subtitle 4. Sales Finance Companies -- Licensing Provisions

#### Section 11-405

The Commissioner may deny an application if the applicant or any current owner, director, officer, member, partner, employee, agent, or spouse of the applicant:

(1) Has had a license revoked under this subtitle;

(2) Was responsible for any act or omission that caused the revocation under this subtitle of the license of any person; or

(3) Was convicted of violating any provision of this subtitle or of any other law that regulates agreements.

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