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S.B. 450
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VETOES
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(II) SEND A COPY OF THE FINDINGS AND SUMMARY TO THE
APPLICANT.
12-110.
(A) THE COMMISSIONER SHALL INCLUDE ON EACH LICENSE;
(1) THE NAME OF THE LICENSEE; AND
(2) (I) THE ADDRESS AT WHICH CHECK CASHING SERVICES WILL BE
PROVIDED; OR
(II) IF THE LICENSE IS FOR A MOBILE UNIT, THE VEHICLE
IDENTIFICATION NUMBER OF THE MOBILE UNIT AND THE GEOGRAPHIC AREA IN
WHICH CHECK CASHING SERVICES WILL BE PROVIDED.
(B) (1) A LICENSE AUTHORIZES THE LICENSEE TO PROVIDE CHECK
CASHING SERVICES UNDER THE NAME STATED ON THE LICENSE AND AT THE
ADDRESS AT WHICH, OR IF THE LICENSE IS FOR A MOBILE UNIT THE GEOGRAPHIC
AREA IN WHICH, CHECK CASHING SERVICES WILL BE PROVIDED.
(2) ONLY ONE PLACE OF BUSINESS, OR ONE MOBILE UNIT, MAY BE
MAINTAINED UNDER A LICENSE.
(C) THE COMMISSIONER MAY ISSUE MORE THAN ONE LICENSE TO AN
APPLICANT WHO:
(1) COMPLIES WITH § 12-108 OF THIS SUBTITLE; AND
(2) OTHERWISE MEETS THE REQUIREMENTS OF THIS SUBTITLE.
12-111.
(A) A LICENSE EXPIRES ON DECEMBER 31 IN EACH ODD-NUMBERED YEAR
UNLESS IT IS RENEWED FOR A 2-YEAR TERM AS PROVIDED IN THIS SECTION.
(B) ON OR BEFORE DECEMBER 1 OF THE YEAR OF EXPIRATION, A LICENSE
MAY BE RENEWED FOR AN ADDITIONAL 2-YEAR TERM, IF THE LICENSEE:
(1) OTHERWISE IS ENTITLED TO BE LICENSED;
(2) PAYS TO THE COMMISSIONER A RENEWAL FEE OF $1,000; AND
(3) SUBMITS TO THE COMMISSIONER A RENEWAL APPLICATION ON THE
FORM THAT THE COMMISSIONER REQUIRES; AND
(4) IF A SURETY BOND HAD BEEN FILED INITIALLY, FILES A SURETY
BOND OR SURETY BOND CONTINUATION CERTIFICATE FOR THE AMOUNT REQUIRED
UNDER § 12-108 OF THIS SUBTITLE.
(C) THE COMMISSIONER SHALL DETERMINE IF THE REQUIREMENTS OF §
12-106 OF THIS SUBTITLE TO QUALIFY FOR A LICENSE CONTINUE TO APPLY.
(D) THE COMMISSIONER MAY DETERMINE THAT LICENSES ISSUED UNDER
THIS SUBTITLE SHALL EXPIRE ON A STAGGERED BASIS.
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- 3876 -
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