§ 12-111. Expiration and renewal of licenses
West's Annotated Code of MarylandFinancial InstitutionsEffective: July 1, 2017
Effective: July 1, 2017
MD Code, Financial Institutions, § 12-111
§ 12-111. Expiration and renewal of licenses
(a) An initial license term shall:
(b) On or after November 1 of the year a license expires, the license may be renewed for an additional 1-year term, if the licensee:
(c) The Commissioner shall determine if the requirements of § 12-106 of this subtitle to qualify for a license continue to apply.
(d) To the extent required or permitted by NMLS, the Commissioner may determine that licenses issued under this subtitle shall expire on a staggered basis.
Credits
Added by Acts 2000, c. 614, § 2, eff. Oct. 1, 2000. Amended by Acts 2017, c. 253, § 1, eff. July 1, 2017.
MD Code, Financial Institutions, § 12-111, MD FIN INST § 12-111
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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