Ch. 509

1996 LAWS OF MARYLAND

secondhand precious metal object dealers and pawnbrokers.

BY adding to

Article - Business Regulation
Section 12-207(f) and 12-401.1 12-402
Annotated Code of Maryland
(1992 Volume and 1995 Supplement)

BY repealing and reenacting, with amendments,
Article - Business Regulation

Section 12-212, 12-304, 12-305(a), 12-101, and 12-502 and 12-401
Annotated Code of Maryland
(1992 Volume and 1995 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Business Regulation

12-207.                                                         

(F) (1) A LICENSEE MAY CHANGE THE PLACE OF BUSINESS FOR WHICH A
LICENSE IS ISSUED ONLY IF THE LICENSEE:                                                             

(I)      FILES WITH THE SECRETARY A WRITTEN NOTICE OF THE
PROPOSED CHANGE SUBMITS TO THE SECRETARY AN APPLICATION TO TRANSFER
THE LICENSE TO A NEW BUSINESS LOCATION ON A FORM THAT THE SECRETARY
PROVIDES; AND

(II)     RECEIVES THE WRITTEN APPROVAL OF THE SECRETARY.

(2)     WITHIN 45 DAYS AFTER THE WRITTEN NOTICE IS FILED WITH THE
SECRETARY, THE SECRETARY SHALL: APPROVE OR DISAPPROVE THE APPLICATION
AND NOTIFY THE LICENSEE OF THE APPROVAL OR DISAPPROVAL, IN WRITING.

(I) SIGN, DATE, AND ENDORSE THE WRITTEN NOTICE AS
"APPROVED" OR "REFUSED"; AND

(II) FORWARD A COPY OF THE ENDORSED NOTICE TO THE
LICENSEE.

(3)     IF THE SECRETARY APPROVES A PROPOSED CHANGE OF PLACE OF
BUSINESS, THE LICENSEE SHALL:

(I) SUBMIT TO THE SECRETARY A CURRENT LIST OF NAMES OF
EACH EMPLOYEE TO BE EMPLOYED AT THE NEW LOCATION; AND

(II) ATTACH THE WRITTEN APPROVAL OF THE SECRETARY TO THE
LICENSE UNTIL AN AMENDED LICENSE IS RECEIVED BY THE LICENSEE.

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