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<section article="gfi" article_name="Financial Institutions" number="11-408" title_number="11" title_name="Consumer Credit" subtitle_number="4" subtitle_name="Sales Finance Companies -- Licensing Provisions">
  <level label="a">
    <text>Information in NMLS associated with a license approved by the Commissioner under this subtitle shall include the following:</text>
    <level label="1">
      <text>The licensee’s legal name and any trade name used by the licensee in accordance with § 2–121 of this article;</text>
    </level>
    <level label="2">
      <text>The address of the licensee’s principal executive office; and</text>
    </level>
    <level label="3">
      <text>The address of each additional location, if any, where the licensee does business and that:</text>
      <level label="i">
        <text>The general public may reasonably view as a location that does business as a sales finance company, including any location that investigates customer complaints or directly communicates with customers verbally, electronically, or in writing;</text>
      </level>
      <level label="ii">
        <text>Houses any core operational infrastructure or technology systems;</text>
      </level>
      <level label="iii">
        <text>Conducts any core management, information security and technology, risk and compliance, or finance functions; or</text>
      </level>
      <level label="iv">
        <text>Is otherwise required to be listed in NMLS by regulation the Commissioner adopts under this subtitle.</text>
      </level>
    </level>
  </level>
  <level label="b">
    <text>A licensee shall maintain and update the information in NMLS associated with the licensee’s license to reflect accurately at all times the information required by subsection (a) of this section.</text>
  </level>
  <level label="c">
    <text>The unique identifier of the licensee shall constitute the license number for the license.</text>
  </level>
  <level label="d">
    <text>A license authorizes the licensee to do business under the license at any licensed location and under any licensed name, or as otherwise authorized by the Commissioner through regulation.</text>
  </level>
</section>
