Plain Text Law

§ 11–411

Statutes in effect as of October 1, 2026.

Md. Code Ann., Fin. Inst. § 11-411 (2026)
Title 11. Consumer Credit
Subtitle 4. Sales Finance Companies -- Licensing Provisions

§ 11–411Copy Citation

(a)
A licensee may not add, delete, or modify a location required to be listed in NMLS under § 11–408(a)(2) or (3) of this subtitle unless:
(1)
The licensee provides to the Commissioner, through NMLS and in accordance with any regulations the Commissioner adopts, notice of the addition, deletion, or modification;
(2)
The addition, deletion, or modification of the location is recorded with the information associated with the licensee’s license in NMLS; and
(3)
The addition, deletion, or modification of the location otherwise complies with this subtitle.
(b)
The licensee may not do business at a location required to be listed in NMLS by § 11–408(a)(2) or (3) of this subtitle until the location is recorded with the information associated with the licensee’s license in NMLS.