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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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FINANCIAL INSTITUTIONS |
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TITLE 12. MISCELLANEOUS INSTITUTIONS AND ACTIVITIES |
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SUBTITLE 1. CHECK CASHING SERVICES |
§ 12-110. Licensing -- Contents and scope; more than one license
Latest version.
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(a) Contents. -- The Commissioner shall include on each license:
(1) The name of the licensee; and
(2) (i) The address at which check cashing services will be provided; or
(ii) If the license is for a mobile unit, the vehicle identification number of the mobile unit and the geographic area in which check cashing services will be provided.
(b) Scope. --
(1) A license authorizes the licensee to provide check cashing services under the name stated on the license and at the address at which, or if the license is for a mobile unit the geographic area in which, check cashing services will be provided.
(2) Only one place of business, or one mobile unit, may be maintained under a license.
(c) More than one license. -- The Commissioner may issue more than one license to an applicant who:
(1) Complies with § 12-108 of this subtitle; and
(2) Otherwise meets the requirements of this subtitle.