Md. Code Ann., Fin. Inst. § 12-904
Payment with application
Effective Jul 1, 2023Added by Acts 2003, c. 374, § 1, eff. Oct. 1, 2003; Acts 2003, c. 375, § 1, eff. Oct. 1, 2003. Amended by Acts 2005, c. 574, § 2, eff. Oct. 1, 2005; Acts 2017, c. 253, § 1, eff. July 1, 2017; Acts 2023, c. 567, § 1, eff. July 1, 2023.State of Maryland
- (1) A nonrefundable investigation fee of $1,000 for an initial license; and
(2) A license fee for an initial license or a license renewal for an additional 1-year term, as follows:
- (i) $500, if the applicant's annual gross revenue is not more than $3,000,000;
- (ii) $1,000, if the applicant's annual gross revenue is more than $3,000,000 but not more than $6,000,000;
- (iii) $2,000, if the applicant's annual gross revenue is more than $6,000,000 but not more than $15,000,000;
- (iv) $3,000, if the applicant's annual gross revenue is more than $15,000,000 but not more than $30,000,000; or
- (v) $4,000, if the applicant's annual gross revenue is more than $30,000,000.
With the license application, the applicant shall pay to the Commissioner:
Added by Acts 2003, c. 374, § 1, eff. Oct. 1, 2003; Acts 2003, c. 375, § 1, eff. Oct. 1, 2003. Amended by Acts 2005, c. 574, § 2, eff. Oct. 1, 2005; Acts 2017, c. 253, § 1, eff. July 1, 2017; Acts 2023, c. 567, § 1, eff. July 1, 2023.