clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 2003
Volume 799, Page 2633   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

ROBERT L. EHRLICH, JR., Governor                             Ch. 374

(VI) (IX) A JUDICIAL OFFICER OR A PERSON ACTING UNDER A
COURT ORDER;

(2)      A PERSON WHILE PERFORMING SERVICES INCIDENTAL TO THE
DISSOLUTION, WINDING UP, OR LIQUIDATION OF A PARTNERSHIP, CORPORATION, OR
OTHER BUSINESS ENTERPRISE; OR

(3)     A TRADE OR MERCANTILE ASSOCIATION ACTING IN THE COURSE OF
ARRANGING THE ADJUSTMENT OF DEBTS WITH A BUSINESS ESTABLISHMENT; OR

(4)      A MORTGAGE LENDER, AS DEFINED IN § 11-501 OF THIS ARTICLE,
THAT:

(I)      IS LICENSED BY THE COMMISSIONER; AND

(II)     DOES NOT RECEIVE FUNDS FROM A CONSUMER FOR THE
PURPOSE OF DISTRIBUTING THE FUNDS AMONG THE CONSUMER'S CREDITORS IN
PAYMENT FULL OR PARTIAL PAYMENT OF THE CONSUMER'S DEBTS.

12-903.

TO CARRY OUT THE PROVISIONS OF THIS SUBTITLE, THE COMMISSIONER MAY:

(1)      ADOPT RULES AND REGULATIONS;

(2)      ENTER INTO COOPERATIVE AND INFORMATION SHARING
AGREEMENTS WITH ANY OTHER FEDERAL OR STATE AGENCIES HAVING
SUPERVISORY RESPONSIBILITY OVER DEBT MANAGEMENT SERVICES BUSINESSES;
AND

(3)      PROVIDE ANY FEDERAL OR STATE AGENCY HAVING SUPERVISORY
RESPON
SIBILITY OVER DEBT MANAGEMENT SERVICES BUSINESSES WITH ANY
DOCUMENTS OR OTHER INFORMATION
EXCHANGE INFORMATION ABOUT A DEBT
MANAGEMENT SERVICES PROVIDER, INCLUDING INFORMATION OBTAINED DURING
AN EXAMINATION, WITH ANY STATE OR FEDERAL AGENCY HAVING AUTHORITY OVER
THE DEBT MANAGEMENT SERVICES PROVIDER.

12-904.

(A) THE COMMISSIONER BY REGULATION SHALL ESTABLISH:

(1)      (I) A FEE, NOT EXCEEDING $1,000 $2,000, FOR THE ISSUANCE OF A
LICENSE UNDER THIS SUBTITLE IN AN EVEN-NUMBERED YEAR; AND

(II) A FEE, NOT EXCEEDING $1,000, FOR THE ISSUANCE OF A
LICENSE UNDER THIS SUBTITLE IN AN ODD-NUMBERED YEAR;

(2)      A FEE, NOT EXCEEDING $1,000 $2,000, FOR RENEWAL OF A LICENSE
ISSUED UNDER THIS SUBTITLE;

(3)     A FEE, NOT EXCEEDING $100, FOR EACH LOCATION IN THE STATE AT
WHICH A LICENSEE PROVIDES DEBT MANAGEMENT SERVICES UNDER THIS
SUBTITLE, PAYABLE AT THE TIME OF ISSUANCE OF AN INITIAL LICENSE AND AT
EACH RENEWAL OF A LICENSE; AND

- 2633 -

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 2003
Volume 799, Page 2633   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 11, 2023
Maryland State Archives