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Maryland Money Transmission Act | Midpage
Collections
Maryland Code
Financial Institutions
Title 12
4
Maryland Money Transmission Act
State of Maryland
12-401
Definitions
12-402
Application of subtitle
12-403
Powers of Commissioner
12-404
Disposition and use of revenue received
12-405
License required to engage in business of money transmission
12-406
License qualifications
12-407
License applications
12-408
Criminal history background checks of applicants or licensees
12-408.1
Privacy or confidentiality of information or material
12-409
Approval or denial of application
12-410
Contents and transferability of licenses
12-411
Expiration and renewal of license
12-412
Surety bond requirements
12-413
Agents
12-413.1
Training materials provided to agents
12-414
Fraudulent or false statements or misrepresentations prohibited
12-415
Addition, deletion, or modification of locations; change in control
12-416
Reporting requirements
12-417
Business of money transmission, money laundering, and abandoned property
12-418
Restrictions relating to permissible investments
12-419
Request for duplicate payment instruments
12-420
Fees for redemption of unused payment instruments
12-421
Audits
12-422
Surrender of license
12-423
Investigations by Commissioner
12-424
On-site examinations by Commissioner
12-425
Retention of records
12-426
Suspension or revocation of license and orders by Commissioner
12-427
Enforcement provisions
12-428
Hearings
12-429
Prosecution by State’s Attorney or Attorney General
12-430
Fines or imprisonment for violation of subtitle
12-430.1
Enforcement actions against money transmitters or authorized delegates
12-431
Short title