§ 12–904

Statutes in effect as of October 1, 2026.

Md. Code Ann., Fin. Inst. § 12-904 (2026)

Title 12. Miscellaneous Institutions and Activities

Subtitle 9. Maryland Debt Management Services Act

With the license application, the applicant shall pay to the Commissioner:

(1)

A nonrefundable investigation fee of $1,000 for an initial license; and

(2)

A license fee for an initial license or a license renewal for an additional 1–year term, as follows:

(i)

$500, if the applicant’s annual gross revenue is not more than $3,000,000;

(ii)

$1,000, if the applicant’s annual gross revenue is more than $3,000,000 but not more than $6,000,000;

(iii)

$2,000, if the applicant’s annual gross revenue is more than $6,000,000 but not more than $15,000,000;

(iv)

$3,000, if the applicant’s annual gross revenue is more than $15,000,000 but not more than $30,000,000; or

(v)

$4,000, if the applicant’s annual gross revenue is more than $30,000,000.