(a) To submit a registration, a consumer reporting agency shall:
(1) Submit to the Commissioner a registration on the form that the Commissioner provides;
(2) Unless granted an exemption by the Commissioner, file with the Commissioner a bond or bond alternative as required under § 14-1217 of this subtitle; and
(3) Fulfill any other requirements for registration.
(b) The registration shall include any information that the Commissioner requires by regulation.
(c) A registration is not complete unless it meets the requirements of subsections (a) and (b) of this section.
(d) Except as provided in § 14-1226 of this subtitle, all fees and other revenues collected under this subtitle shall be deposited into the Non-Depository Special Fund established under § 2-120 of the Financial Institutions Article.
(e) The Commissioner may require a consumer reporting agency to register through NMLS or through other means specified by the Commissioner by regulation.
Credits
Added by Acts 2018, c. 480, § 2, eff. Oct. 1, 2018. Amended by Acts 2023, c. 567, § 1, eff. July 1, 2023.
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
