Md. Code, Business Regulation § 7-308
This is the official text of Md. Code, Business Regulation § 7-308, part of Maryland’s Code, Business Regulation — governs general business licensing and regulation.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§7–308.
Official statutory text
(a) Subject to the hearing provisions of § 7–309 of this subtitle, the Board may reprimand a licensee or suspend or revoke a license if the licensee or any owner, director, officer, member, partner, or agent of the licensee:
(1) makes any material misstatement in an application for a license;
(2) is convicted under the laws of the United States or of any state of:
(i) a felony; or
(ii) a misdemeanor that is directly related to the fitness and qualification of the person to engage in the collection agency business;
(3) in connection with the collection of any consumer claim:
(i) commits any fraud; or
(ii) engages in any illegal or dishonest activities;
(4) knowingly or negligently violates the Maryland Consumer Debt Collection Act; or
(5) fails to comply with a lawful order that the Board passes under this title.
(b) In determining whether to reprimand a licensee or to suspend or revoke a license for a reason described in subsection (a)(2) of this section, the Board shall consider:
(1) the nature of the crime;
(2) the relationship of the crime to the activities authorized by the license;
(3) with respect to a felony, the relevance of the conviction to the fitness and qualification of the licensee to engage in the collection agency business;
(4) the length of time since the conviction; and
(5) the behavior and activities of the licensee since the conviction.
(1) makes any material misstatement in an application for a license;
(2) is convicted under the laws of the United States or of any state of:
(i) a felony; or
(ii) a misdemeanor that is directly related to the fitness and qualification of the person to engage in the collection agency business;
(3) in connection with the collection of any consumer claim:
(i) commits any fraud; or
(ii) engages in any illegal or dishonest activities;
(4) knowingly or negligently violates the Maryland Consumer Debt Collection Act; or
(5) fails to comply with a lawful order that the Board passes under this title.
(b) In determining whether to reprimand a licensee or to suspend or revoke a license for a reason described in subsection (a)(2) of this section, the Board shall consider:
(1) the nature of the crime;
(2) the relationship of the crime to the activities authorized by the license;
(3) with respect to a felony, the relevance of the conviction to the fitness and qualification of the licensee to engage in the collection agency business;
(4) the length of time since the conviction; and
(5) the behavior and activities of the licensee since the conviction.
Status: in_force · Read it on the official government site
Dealing with a business matter in Maryland?
See all Maryland Business lawyers
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.