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§ 12-205. Issuance

West's Annotated Code of MarylandBusiness Regulation

West's Annotated Code of Maryland
Business Regulation (Refs & Annos)
Title 12. Secondhand Precious Metal Object Dealers and Pawnbrokers (Refs & Annos)
Subtitle 2. Secondhand Precious Metal Object Dealers (Refs & Annos)
MD Code, Business Regulation, § 12-205
§ 12-205. Issuance
Currentness
(a) Upon receipt of a complete national and State criminal record report from the Central Repository in accordance with § 12-204 of this subtitle, the Secretary shall issue a license to each applicant who meets the requirements of this subtitle.
(b) The Secretary:
(1) may issue a license only for a fixed business address; but
(2) may not issue a license for an address that is:
(i) a hotel or motel room;
(ii) a motor vehicle;
(iii) a post office box; or
(iv) a location which does not meet the qualifications as defined in § 12-101(d) of this title.
(c) The Secretary may not issue more than 1 license for any single business location unless the dealers at that location are in partnership.
(d) The Secretary may not issue a license to a minor.
(e) Whenever a license is suspended or revoked, another license may not be issued to a dealer for the same business location unless the applicant provides the documentation and information, which the Secretary establishes by regulation, is necessary to demonstrate that the applicant will be engaging in a business which is separate and independent from the business of the revoked or suspended license.

Credits

Added by Acts 1992, c. 4, § 2. Amended by Acts 1992, c. 451; Acts 1997, c. 227, § 1, eff. Oct. 1, 1997.
Formerly Art. 56, § 421.
MD Code, Business Regulation, § 12-205, MD BUS REG § 12-205
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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