Md. Code, Financial Institutions § 11-219
Md. Code, Financial Institutions § 11-219
in effect(a) A licensee may not sell a loan account to any person who is not licensed under this subtitle.
(b) A loan account that is acquired by a person who is not licensed under this subtitle is not enforceable.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi§ion=11-219&enactments=falseFetched: 10/17/2026
