Maryland Code, FINANCIAL INSTITUTIONS 12-107
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Terms Used In Maryland Code, FINANCIAL INSTITUTIONS 12-107
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(a) In connection with an initial application for a license under this subtitle, and at any other time the Commissioner requires, an applicant or licensee shall provide fingerprints, as directed by the Commissioner, to NMLS for use by the Federal Bureau of Investigation to conduct a criminal history records check.
(b) An applicant or licensee required under this section to provide fingerprints shall pay any processing or other required fee.
(c) If the applicant or licensee is a corporation, the fingerprinting and criminal history records check requirements shall apply to the president, and any other officer, director, principal, or owner of the corporation as required by the Commissioner.