Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Maryland Code, FINANCIAL INSTITUTIONS 11-405

  • Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
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.