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§ 11-211. Addition, deletion, or modification of locations

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

West's Annotated Code of Maryland
Financial Institutions
Title 11. Consumer Credit
Subtitle 2. Consumer Loans--Licensing Provisions (Refs & Annos)
Effective: July 1, 2023
MD Code, Financial Institutions, § 11-211
§ 11-211. Addition, deletion, or modification of locations
In general
(a) A licensee may not add, delete, or modify a location required to be listed in NMLS under § 11-208(a)(2) or (3) of this subtitle unless:
(1) The licensee provides to the Commissioner, through NMLS and in accordance with any regulations the Commissioner adopts, notice of the addition, deletion, or modification;
(2) The addition, deletion, or modification of the location is recorded with the information associated with the licensee's license in NMLS; and
(3) The addition, deletion, or modification of the location otherwise complies with this subtitle.
Requirement for recording locations
(b) The licensee may not do business at a location required to be listed in NMLS by § 11-208(a)(2) or (3) of this subtitle until the location is recorded with the information associated with the licensee's license in NMLS.

Credits

Added by Acts 2023, c. 567, § 1, eff. July 1, 2023.
MD Code, Financial Institutions, § 11-211, MD FIN INST § 11-211
Current through legislation effective through June 1, 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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