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§ 11-406. Payment of investigation expenses

West's Annotated Code of MarylandFinancial InstitutionsEffective: July 1, 2023

West's Annotated Code of Maryland
Financial Institutions
Title 11. Consumer Credit
Subtitle 4. Sales Finance Companies--Licensing Provisions
Effective: July 1, 2023
MD Code, Financial Institutions, § 11-406
§ 11-406. Payment of investigation expenses
Currentness
In general
(a) In addition to the investigation fee required by § 11-404 of this subtitle, if an applicant requests any licensed location outside of the State and the investigation includes travel to that location, the applicant shall pay to the Commissioner, on presentation by the Commissioner of a detailed account, the reasonable travel and living expenses incurred on account of the investigation.
Other payments related to investigation
(b) Except for the payments required by this section, the applicant may not offer or pay and the examiner may not solicit or accept any payment with regard to the investigation.

Credits

Added by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 2023, c. 567, § 1, eff. July 1, 2023.
Formerly Art. 83, § 156.
MD Code, Financial Institutions, § 11-406, MD FIN INST § 11-406
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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