(a)(1) To apply for a license, an applicant shall:
(i) Complete, sign, and submit to the Commissioner an application made under oath in the form, and in accordance with the process, that the Commissioner requires; and
(ii) Provide all the information that the Commissioner requests.
(2) The application shall include:
(i) The applicant's legal name and any trade name used by the applicant in accordance with § 2-121 of this article;
(ii) The applicant's principal executive office address;
(iii) If the applicant is not an individual, the name and residence address of each control person;
(iv) The address of each additional location, if any, that:
1. The general public may reasonably view as a location that provides check cashing services, including any location that investigates customer complaints or directly communicates with customers verbally, electronically, or in writing;
2. Houses any core operational infrastructure or technology systems;
3. Conducts any core management, information security and technology, risk and compliance, or finance functions; or
4. Is otherwise required to be listed in NMLS by regulation the Commissioner adopts under this subtitle;
(v) If the licensee operates a mobile unit, the vehicle identification number of each mobile unit and the geographic area where each mobile unit will be operating; and
(vi) Any other information that the Commissioner requires for an investigation and findings under § 12-109 of this subtitle.
Investigation and license fees
(b) With the application, the applicant shall pay to the Commissioner:
(1) An investigation fee of $100; and
(2) A license fee of $500.
Credits
Added by Acts 2000, c. 614, § 2, eff. Oct. 1, 2000. Amended by Acts 2017, c. 253, § 1, eff. July 1, 2017; Acts 2023, c. 567, § 1, eff. July 1, 2023.
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.
