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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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FINANCIAL INSTITUTIONS |
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TITLE 11. CONSUMER CREDIT |
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SUBTITLE 4. SALES FINANCE COMPANIES -- LICENSING PROVISIONS |
§ 11-405. Grounds for denial of application
Latest version.
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The Commissioner may deny an application if the applicant or any current owner, director, officer, member, partner, employee, agent, or spouse of the applicant:
(1) Has had a license revoked under this subtitle;
(2) Was responsible for any act or omission that caused the revocation under this subtitle of the license of any person; or
(3) Was convicted of violating any provision of this subtitle or of any other law that regulates agreements.