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Ch. 14
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886
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LAWS OF MARYLAND
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REVISOR'S NOTE: This section presently appears as
Art. 66 1/2, §5-804.
In subsection (b) of this section, the phrase
"and before the Administration issues a
license" is added for clarity and to conform
to current practice. For comparable language
relating to dealers and vehicle salesmen, see
§§ 15-308 and 15-407 of this title.
The third sentence of §5—804(a), which governs
the use of the bond, and present §5-804(b),
which provides for automatic suspension of a
license on termination of a bond, are deleted
as already covered by the standard provisions
of §15-103 of this title.
15-605. SCOPE OF LICENSE.
A LICENSE ISSUED UNDER THIS SUBTITLE AUTHORIZES THE
LICENSEE TO CONDUCT THE BUSINESS OF A TITLE SERVICE AGENT
DURING THE LICENSE YEAR FOR WHICH IT IS ISSUED.
REVISOR'S NOTE: This section is new language derived
without substantive change from Art. 66 1/2,
§5-806.
Throughout this section, present references to
a license "certificate" are deleted as
unnecessary.
The first clause of present §5-806(a), which
governs the issuance of a license, the second
sentence of present §5—806(a), which provides
for expiration and renewal of a license, and
present §5—806(b), which governs duplicate
licenses, are deleted as already covered by
the standard provisions of §§ 15-104, 15-108,
and 15—107 of this title, respectively.
15-606. PROHIBITED ACTS.
A TITLE SERVICE AGENT OR AN AGENT OR EMPLOYEE OF A
TITLE SERVICE AGENT MAY NOT:
(1) MAKE ANY MATERIAL MISREPRESENTATION ON ANY
FORM OF THE ADMINISTRATION;
(2) MISREPRESENT ANY MATERIAL FACT IN OBTAINING A
LICENSE;
(3) WILLFULLY FAIL TO NOTIFY THE ADMINISTRATION OF
ANY CHANGE IN THE OWNERSHIP, MANAGEMENT, NAME, OR
LOCATION OF THE BUSINESS CONDUCTED UNDER THE LICENSE;
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(4) FAIL TO ACCOUNT FOR AND REMIT TO THE
ADMINISTRATION ANY FEES RECEIVED BY HIM FOR ANY
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