§ 12–702

Statutes in effect as of October 1, 2026.

Md. Code Ann., Fin. Inst. § 12-702 (2026)

Title 12. Miscellaneous Institutions and Activities

Subtitle 7. Supervision and Examination of Tax Exempt Financial Institutions

To qualify for supervision and examination, the applicant shall satisfy the Commissioner that the applicant:

(1)

Is trustworthy and reputable;

(2)

Has a good business reputation; and

(3)

Has sufficient business experience, moral character, financial responsibility, and genuine fitness to:

(i)

Command the confidence of the public; and

(ii)

Warrant the belief that the business will be operated lawfully, honestly, fairly and efficiently.