Md. Code, Commercial Law § 14-1216
This is the official text of Md. Code, Commercial Law § 14-1216, part of Maryland’s Code, Commercial Law — governs commercial transactions - Maryland's version of the Uniform Commercial Code.
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§14–1216.
Official statutory text
(a) To submit a registration, a consumer reporting agency shall:
(1) Submit to the Commissioner a registration on the form that the Commissioner provides;
(2) Unless granted an exemption by the Commissioner, file with the Commissioner a bond or bond alternative as required under § 14–1217 of this subtitle; and
(3) Fulfill any other requirements for registration.
(b) The registration shall include any information that the Commissioner requires by regulation.
(c) A registration is not complete unless it meets the requirements of subsections (a) and (b) of this section.
(d) Except as provided in § 14–1226 of this subtitle, all fees and other revenues collected under this subtitle shall be deposited into the Non–Depository Special Fund established under § 2–120 of the Financial Institutions Article.
(e) The Commissioner may require a consumer reporting agency to register through NMLS or through other means specified by the Commissioner by regulation.
(1) Submit to the Commissioner a registration on the form that the Commissioner provides;
(2) Unless granted an exemption by the Commissioner, file with the Commissioner a bond or bond alternative as required under § 14–1217 of this subtitle; and
(3) Fulfill any other requirements for registration.
(b) The registration shall include any information that the Commissioner requires by regulation.
(c) A registration is not complete unless it meets the requirements of subsections (a) and (b) of this section.
(d) Except as provided in § 14–1226 of this subtitle, all fees and other revenues collected under this subtitle shall be deposited into the Non–Depository Special Fund established under § 2–120 of the Financial Institutions Article.
(e) The Commissioner may require a consumer reporting agency to register through NMLS or through other means specified by the Commissioner by regulation.
Status: in_force · Read it on the official government site
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