Unannotated Code of Maryland (Last Updated: May 16, 2014) |
BUSINESS REGULATION |
TITLE 7. COLLECTION AGENCIES |
SUBTITLE 4. PROHIBITED ACTS; PENALTIES |
§ 7-401. Doing business without license
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(a) Prohibited act. -- Except as otherwise provided in this title, a person may not knowingly and willfully do business as a collection agency in the State unless the person has a license.
(b) Penalty. -- A person who violates this section is guilty of a misdemeanor, and on conviction, is subject to a fine not exceeding $ 1,000 or imprisonment not exceeding 6 months or both.