# Financial Institutions (GFI)

## Title 12. Miscellaneous Institutions and Activities

### Subtitle 1. Check Cashing Services

#### Section 12-106

To qualify for a license, an applicant shall satisfy the Commissioner that:

(1) The applicant's business will promote the convenience and advantage of the communities where the applicant will operate a licensed location offering check cashing services; and

(2) The applicant or, if the applicant is not an individual, each of the owners, officers, directors, or principals of the entity:

  (i) Has sufficient experience, character, financial responsibility, and general fitness to:

    (1) Command the confidence of the public; and

    (2) Warrant the belief that the business will be operated lawfully, honestly, fairly, and efficiently; and

  (ii) Has not committed any act that would be a ground for suspension or revocation of a license under this subtitle.

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