# Financial Institutions (GFI)

## Title 12. Miscellaneous Institutions and Activities

### Subtitle 10. Maryland Debt Settlement Services Act

#### Section 12-1007

(a) All revenue received for the registration of persons under this subtitle and, except as provided in subsection (b) of this section, any other fee, examination assessment, 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 into the General Fund of the State.

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