Chapter 13. State Collection Agency Licensing Board — Fees
Regulation .01 Purpose.LinkCopy Citation
This chapter is intended to carry out the provisions of Business Regulation Article, §§7-302 and 7-302.1, Annotated Code of Maryland. In particular, it is intended to set license-related fees to cover the actual documented direct and indirect costs of regulating collection agencies in accordance with the provisions of Business Regulation Article, Title 7, Annotated Code of Maryland.
Regulation .02 Fees.LinkCopy Citation
A.
Initial License Fee. The initial license fee required by Business Regulation Article, §§7-302(a) and 7-302.1, Annotated Code of Maryland, is $350 for a 1-year license term.
B.
Renewal Fee. The renewal fee required by Business Regulation Article, §7-306(b)(2), Annotated Code of Maryland, is $350 for a 1-year renewal term.
Chapter annotations
Authority: Business Regulation Article, Title 7, Subtitle 1 and §§7-302, 7-302.1, and 7-306, Annotated Code of Maryland
History: Effective date: October 3, 2011 (38:19 Md. R. 1147)
History: Regulation .02 amended effective July 2, 2018 (45:13 Md. R. 664)