Md. Code, Financial Institutions § 11-405
Md. Code, Financial Institutions § 11-405
in effectThe 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi§ion=11-405&enactments=falseFetched: 10/17/2026