Md. Code, Financial Institutions § 11-418

Md. Code, Financial Institutions § 11-418
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
A person may not knowingly: (1) Make an incorrect statement of material fact in any application, report, or other statement filed under this subtitle; or (2) Fail to state any material fact that is necessary to give the Commissioner any information that the Commissioner requires under this subtitle.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi&section=11-418&enactments=falseFetched: 10/17/2026

Starting a business in Maryland? Maryland LLC guide: costs and requirements