# COMAR Title 09 — Maryland Department of Labor

## Subtitle 03 — Commissioner of Financial Regulation

### Chapter 13 — State Collection Agency Licensing Board — Fees

**Authority:** Business Regulation Article, Title 7, Subtitle 1 and §§7-302, 7-302.1, and 7-306, Annotated Code of Maryland

**Administrative History:** Effective date: October 3, 2011 (38:19 Md. R. 1147)

**Administrative History:** Regulation .02 amended effective July 2, 2018 (45:13 Md. R. 664)

#### Regulation .01 Purpose.

*COMAR 09.03.13.01*

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.

*COMAR 09.03.13.02*

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.