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Session Laws, 1945
Volume 589, Page 1448   View pdf image (33K)
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1448 LAWS OF MARYLAND. [CH. 932

general application shall be mailed to each licensee hereunder
at least fifteen (15) days before the effective date thereof.

180. (Certified Copies of Official Documents. ) On applica-
tion of any person and payment of the costs thereof, the Com-
missioner shall furnish, under his seal and signed by him or
his deputy, a certified copy of any license, regulation, or order.
In any court or proceeding such copy shall be prima facie
evidence of the fact of the issuance of such license, regulation
or order.

181. (Advertising. ) No licensee or other person subject to
this sub-title shall advertise, display, distribute, or broadcast
or cause or permit to be advertised, displayed, distributed, or
broadcast, in any manner whatsoever, any false, misleading,
or deceptive statement or representation with regard to the
rates, terms, or conditions for loans in the amount or of the
value of Fifteen Hundred Dollars ($1, 500) or less. The Com-
missioner may require that charges or rates of charge, if
stated by a licensee be stated fully and clearly in such manner
as he may deem necessary to prevent misunderstanding thereof
by prospective borrowers. The Commissioner may permit or
require licensees to refer in their advertising to the fact that
their business is under State supervision, subject to conditions
imposed by him to prevent an erroneous impression as to the
scope or degree of protection provided by this sub-title.

182. (Other Business in the Same Office. ) No licensee shall
conduct the business of making loans under this sub-title
within any office, room or place of business in which any other
business is solicited or engaged in, or in association or con-
junction therewith, if the Commissioner shall duly find and
establish that the operation of such other business has con-
cealed evasion or violation of this sub-title or of the rules and
regulations lawfully made hereunder and shall thereafter
order such licensee in writing to desist from such conduct.

183. (Business Confined to Licensed Office. ) No licensee
shall conduct the business of making loans provided for by this
sub-title under any name, or at any place of business within
this State, other than that stated in the license, except as
otherwise provided in Section 168.

184. (Maximum Rates of Charge and Other Requirements
Permitted. ) (A) Every licensee qualified under this sub-title
making loans or advances of money or credit not exceeding in
original amount of value, Fifteen Hundred Dollars ($1, 500)
may charge, contract for, collect, or receive interest, charges
and fees, and may require fulfillment of conditions, as herein-
after provided:

 

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Session Laws, 1945
Volume 589, Page 1448   View pdf image (33K)
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