reglab/housing_qa huggingface dataset:
MD. Financial Institutions Code Ann. §  11-204 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-204 - Permitted and Prohibited Loan Activities

    (a)    A person may not:        (1)    Receive any application for a loan or allow any note or contract for a loan to be signed at any place of business for which the person does not have a license;        (2)    Conduct any business under the Maryland Consumer Loan Law under a name different from the name that appears on the person’s license; or        (3)    Evade the application of this section by any device, subterfuge, or pretense of any kind.    (b)    This section does not prohibit a licensee from accommodating a borrower, at the borrower’s request, by making a loan by mail because of the borrower’s sickness or hours of employment or for similar reasons.    (c)    Notwithstanding subsections (a) and (b) of this section, for a loan that is to be secured by residential real property:        (1)    A licensee may solicit and accept an application for a loan:            (i)    By mail;            (ii)    By telephone or other electronic means; or            (iii)    At any location requested by the prospective borrower;        (2)    Except as provided in item (3) of this subsection, the loan closing shall be conducted at:            (i)    The lender’s licensed location;            (ii)    The office of an attorney representing the licensee, the borrower, the title company, or title insurer in connection with the loan; or            (iii)    The office of the title insurer or title agency performing closing services in connection with the loan; and        (3)    A licensee may conduct the loan closing at another location at the written request of the borrower or the borrower’s designee to accommodate the borrower because of the borrower’s sickness.
MD. Financial Institutions Code Ann. §  11-205 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-205 - Qualifications of Applicant for License

    To qualify for a license, an applicant shall satisfy the Commissioner that:         (1)    The applicant has at least $20,000 in liquid assets available to be used in the business to be covered by the license;        (2)    The business will promote the convenience and advantage of the community in which the place of business will be located; and        (3)    The applicant or, if the applicant is not an individual, the owners, officers, directors, or members have sufficient experience, character, financial responsibility, and general fitness to:            (i)    Command the confidence of the public; and            (ii)    Warrant the belief that the business will be operated lawfully, honestly, fairly, and efficiently.
MD. Financial Institutions Code Ann. §  11-207 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-207 - Investigation of Application; Issuance of License or Denial of Application

    (a)    When an applicant for a license files the application and bond and pays the fees required by § 11–206 of this subtitle, the Commissioner shall investigate the facts relevant to the application to determine if the applicant meets the requirements of this subtitle.    (b)    Unless the Commissioner and an applicant agree in writing to extend the time, the Commissioner shall approve or deny each application for a license within 60 days after the date on which the complete application is filed, the fees are paid, and the surety bond is filed.    (c)    The Commissioner shall issue a license to any applicant who meets the requirements of this subtitle.    (d)    (1)    If an applicant does not meet the requirements of this subtitle, the Commissioner shall:            (i)    Deny the application;            (ii)    Notify the applicant immediately of this fact;            (iii)    Return the bond filed under § 11–206 of this subtitle;            (iv)    Refund the license fee; and            (v)    Keep the investigation fee.        (2)    (i)    Within 10 days after the Commissioner denies an application, the Commissioner shall send a written notice to the applicant stating the reasons for the denial.            (ii)    The notice shall be sent by United States mail, e–mail, or any means provided through NMLS to the address listed in the application.
MD. Financial Institutions Code Ann. §  11-208 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-208 - Contents and Scope of Licenses; Additional Licenses

    (a)    The Commissioner shall include on each license:        (1)    The name of the licensee;        (2)    The address of the location at which the business is to be conducted; and        (3)    The license number and unique identifier of the licensee.    (b)    (1)    A license authorizes the licensee to do business under the license, at the licensed location and under the name stated on the license.        (2)    Only one location may be maintained under any one license.    (c)    Subject to § 11–203.1(b) of this subtitle, the Commissioner may issue more than one license to an applicant who:        (1)    Conducts activities for which a license is required at more than one location;        (2)    Complies with § 11–206 of this subtitle; and        (3)    Otherwise meets the requirements of this subtitle.
MD. Financial Institutions Code Ann. §  11-209 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-209 - Term and Renewal of Licenses

    (a)    An initial license term shall:        (1)    Begin on the date the license is issued; and        (2)    Expire on December 31 of the year:            (i)    In which the license is issued, if the license is issued before November 1; or            (ii)    Immediately following the year in which the license is issued, if the license is issued on or after November 1.    (b)    On or after November 1 of the year in which a license expires, the license may be renewed for an additional 1–year term, if the licensee:        (1)    Otherwise is entitled to be licensed;        (2)    Pays to the Commissioner a renewal fee of $850; and        (3)    Submits to the Commissioner a renewal application in the form, and in accordance with the process, that the Commissioner requires.    (c)    The Commissioner may waive the requirements of § 11–205(1) and (2) of this subtitle for the renewal of a license.    (d)    To the extent required or permitted by NMLS, the Commissioner may determine that licenses issued under this subtitle shall expire on a staggered basis.    (e)    A licensee may not renew a license unless, before the submission of the license renewal application, the licensee has transferred the licensee’s licensing information to NMLS in accordance with § 11–203.1(c) of this subtitle.
MD. Financial Institutions Code Ann. §  11-209.1 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-209.1 - Surrender of License

    (a)    A licensee may surrender a license by sending to the Commissioner, in the form and in accordance with the process that the Commissioner requires, a statement that the license is surrendered.    (b)    If a license is surrendered voluntarily, or is suspended or revoked, the Commissioner may not refund any part of the license fee regardless of the time remaining in the license term.    (c)    The surrender of a license does not affect any civil or criminal liability of the licensee for acts committed before the license was surrendered.
MD. Financial Institutions Code Ann. §  11-210 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-210 - License Not Transferable; Display

    (a)    A license is not transferable.    (b)    Each licensee shall display the license conspicuously at the licensee’s licensed location.
MD. Financial Institutions Code Ann. §  11-211 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-211 - Change of Location

    (a)    A licensee may not change the location for which a license is issued unless the licensee:        (1)    Provides to the Commissioner, in the form and in accordance with the process that the Commissioner requires, notice of the proposed change; and        (2)    Receives the written consent of the Commissioner by United States mail, e–mail, or any means provided through NMLS.    (b)    If the Commissioner consents to a proposed change of location, the Commissioner shall send the licensee an amended license.
MD. Financial Institutions Code Ann. §  11-213 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-213 - Licensee to Keep Books and Records

    Each licensee shall keep:         (1)    The books and records that the Commissioner considers necessary to determine compliance with the Maryland Consumer Loan Law; and        (2)    For at least 2 years after the licensee makes the final entry on any loan in the licensee’s business, the records of that entry, including cards used in a card system.
MD. Financial Institutions Code Ann. §  11-214 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-214 - Investigatory Powers of Commissioner

    (a)    To discover any violations of the Maryland Consumer Loan Law, the Commissioner, at any time and as often as the Commissioner considers appropriate, may investigate the loans made by and the business of:        (1)    Any licensee; or        (2)    Any other person who makes a loan or on whose behalf a loan is made, whether or not that person:            (i)    Acts or claims to act as a principal, agent, or broker; or            (ii)    Acts or claims to act under the Maryland Consumer Loan Law.    (b)    For the purposes of this section, the Commissioner:        (1)    Shall be given access to any books, papers, records, safes, or vaults of the person under investigation; and        (2)    May examine under oath any person whose testimony the Commissioner requires.
MD. Financial Institutions Code Ann. §  11-215 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-215 - Cease and Desist Orders

    (a)    Subject to the hearing provisions of § 11-217 of this subtitle, the Commissioner may order a licensee or any other person to cease and desist from a course of conduct if the course of conduct results in an evasion or violation of the Maryland Consumer Loan Law or of any rule or regulation adopted under it.    (b)    (1)    Subject to the provisions of paragraph (2) of this subsection, when the Commissioner determines that a licensee or any other person is about to engage in an act or practice constituting an evasion or violation of the Maryland Consumer Loan Law or of any rule or regulation adopted under the Maryland Consumer Loan Law, and that immediate action against the licensee or person is in the public interest, the Commissioner may in the Commissioner’s discretion issue, without a prior hearing, a summary order directing the licensee or person to cease and desist from engaging in the act or practice.        (2)    A summary cease and desist order issued under paragraph (1) of this subsection shall give the licensee or person:            (i)    Subject to the hearing provisions of § 11-217 of this subtitle, notice of the opportunity for a hearing to determine whether the summary cease and desist order should be vacated, modified, or entered as final; and            (ii)    Notice that the summary cease and desist order will be entered as final if the licensee or person does not request a hearing within 15 days of receipt of the summary cease and desist order.
MD. Financial Institutions Code Ann. §  11-216 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-216 - Suspensions and Revocations

    (a)    Subject to the hearing provisions of § 11-217 of this subtitle, the Commissioner may suspend or revoke the license of any licensee who:        (1)    Violates any provision of the Maryland Consumer Loan Law; or        (2)    Knowingly and repeatedly violates any provision of the Maryland Consumer Debt Collection Act.    (b)    (1)    The Commissioner shall revoke the license of any licensee who is convicted twice of violating § 12-316 of the Commercial Law Article if the second violation occurs after the first conviction.        (2)    The Commissioner may not issue another license to any person whose license is revoked under this subsection.    (c)    If the Commissioner suspends or revokes a license, the Commissioner shall file in the Commissioner’s office:        (1)    Findings; and        (2)    A statement of all the facts on which the findings are based.
MD. Financial Institutions Code Ann. §  11-217 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-217 - Hearings

    (a)    Before the Commissioner takes any action under § 11-215 or § 11-216(a) of this subtitle, the Commissioner shall give the licensee an opportunity for a hearing before the Commissioner.    (b)    Notice of the hearing shall be given and the hearing shall be held in accordance with the Administrative Procedure Act.
MD. Financial Institutions Code Ann. §  11-218 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-218 - Judicial Review

    (a)    Any applicant for a license or any licensee who is aggrieved by a decision of the Commissioner to deny an application for or suspend or revoke a license may appeal:        (1)    To the circuit court for the county in which the aggrieved person resides or did business; or        (2)    To the Circuit Court for Baltimore City.    (b)    An appeal shall be heard and decided on the record of the proceedings before the Commissioner. However, if the court finds that additional evidence is necessary, the court may permit that evidence to be introduced.    (c)    If a decision of the Commissioner is appealed, the court may reverse, affirm, or modify the decision.    (d)    The aggrieved applicant or licensee or the Commissioner may appeal the decision of the court to the Court of Special Appeals.
MD. Financial Institutions Code Ann. §  11-219 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-219 - Sale of Loan Account to Unlicensed Person

    (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.
MD. Financial Institutions Code Ann. §  11-220 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-220 - Reporting of Criminal Violations

    The Commissioner shall report to the appropriate State’s Attorney any alleged criminal violation of the Maryland Consumer Loan Law.
MD. Financial Institutions Code Ann. §  11-221 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-221 - Interpretation and Construction of Subtitle

    This subtitle shall be interpreted and construed to effectuate its general remedial purpose.
MD. Financial Institutions Code Ann. §  11-222 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-222 - Penalties

    Any person who violates any provision of § 11–203.1(a) of this subtitle is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $5,000 or imprisonment not exceeding 3 years or both.
MD. Financial Institutions Code Ann. §  11-223 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 2 - Consumer Loans -- Licensing Provisions|Section 11-223 - Short Titles

    (a)    This subtitle may be cited as the Maryland Consumer Loan Law – Licensing Provisions.    (b)    This subtitle and the Maryland Consumer Loan Law – Credit Provisions may be cited jointly as the Maryland Consumer Loan Law.
MD. Financial Institutions Code Ann. §  11-301 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 3 - Installment Loans -- Licensing Provisions|Section 11-301 - Definitions

    (a)    This subtitle does not apply to any loan or extension of credit:        (1)    Between relatives;        (2)    Between an employer and an employee;        (3)    Between a landlord and a tenant; or        (4)    Between a primary or secondary or nonprofit degree–granting postsecondary academic educational institution and a student or parents or guardian of that student, for tuition or other expenses of education at that institution.    (b)    The licensing provisions of this subtitle do not apply to any of the following persons, if organized under the laws of this State or otherwise qualified to do business in this State:        (1)    A banking institution;        (2)    A national banking association;        (3)    A federal or State savings and loan association;        (4)    A federal or State credit union;        (5)    A licensee under Subtitle 2 of this title;        (6)    A seller of goods or services or both not engaged in:            (i)    Making loans; or            (ii)    Acting as a credit services business as defined under Title 14, Subtitle 19 of the Commercial Law Article;        (7)    A licensee under Subtitle 5 of this title engaged solely in a mortgage lending business as defined in that subtitle; or        (8)    An entity exempt from licensing as a mortgage lender under § 11–502(b)(10) of this title.
MD. Financial Institutions Code Ann. §  11-302 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 3 - Installment Loans -- Licensing Provisions|Section 11-302 - Scope of Subtitle

    (a)    In this section, “installment loan” means a loan or extension of credit made for consideration under § 12-103(a)(3) or (c), Title 12, Subtitle 9, or Title 12, Subtitle 10 of the Commercial Law Article.    (b)    Unless the person is licensed by the Commissioner, a person may not:        (1)    Engage in the business of making installment loans;        (2)    Make more than 5 installment loans a year; or        (3)    Engage in the business of a credit services business as defined under Title 14, Subtitle 19 of the Commercial Law Article.
MD. Financial Institutions Code Ann. §  11-303 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 3 - Installment Loans -- Licensing Provisions|Section 11-303 - Application of Maryland Consumer Loan Law -- Licensing Provisions

    A license under this subtitle shall be applied for and issued in accordance with, and is subject to, the licensing and investigatory provisions of Subtitle 2 of this title, the Maryland Consumer Loan Law – Licensing Provisions.
MD. Financial Institutions Code Ann. §  11-304 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 3 - Installment Loans -- Licensing Provisions|Section 11-304 - Application of Maryland Consumer Loan Law -- Licensing Provisions

    Any person who violates any provision of this subtitle is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $5,000 or imprisonment not exceeding 3 years or both.
MD. Financial Institutions Code Ann. §  11-402 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 4 - Sales Finance Companies -- Licensing Provisions|Section 11-402 - Scope of Subtitle

    The licensing provisions of this subtitle do not apply to any banking institution, national banking association, or other-state bank having a branch in this State.
MD. Financial Institutions Code Ann. §  11-402.1 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 4 - Sales Finance Companies -- Licensing Provisions|Section 11-402.1 - Credit of Revenue From Licensing and Payment of Fines and Penalties Into Various Funds

    (a)    All revenue received for the licensing of persons under this subtitle and any other fee, investigation fee or assessment, or revenue received by the Commissioner under this subtitle shall be:        (1)    Credited to the Nondepository Special Fund established under § 11–610 of this title; and        (2)    Used in accordance with § 11–610(c) of this title.    (b)    Notwithstanding subsection (a) of this section, the Commissioner shall pay all fines and penalties collected by the Commissioner under this subtitle into the General Fund of the State.
MD. Financial Institutions Code Ann. §  11-403 (2021)
2021 Maryland Statutes|Financial Institutions|Title 11 - Consumer Credit|Subtitle 4 - Sales Finance Companies -- Licensing Provisions|Section 11-403 - License Required; Local Licenses Prohibited; Transfer of Information to Nmls

    (a)    Except as otherwise provided in this subtitle, a person may not engage in business as a sales finance company unless the person is licensed by the Commissioner.    (b)    A separate license is required for the principal executive office and each branch location where a person engages in business as a sales finance company.    (c)    A political subdivision may not require a licensee to have a local license or pay a local fee for permission to engage in business as a sales finance company.    (d)    During the time period established by the Commissioner under subsection (e) of this section, each licensee shall:        (1)    Obtain and maintain a valid unique identifier issued by NMLS when an account is created with NMLS;        (2)    Transfer licensing information to NMLS; and        (3)    Pay to the Commissioner a license extension fee calculated in accordance with subsection (e)(5) of this section.    (e)    (1)    The Commissioner shall establish a time period that is not less than 2 months within which a licensee must transfer licensing information to NMLS.        (2)    The time period that the Commissioner establishes under this subsection shall begin on or after July 1, 2017.        (3)    At least 30 days before the transfer period begins, the Commissioner shall:            (i)    Notify all licensees of the transfer period; and            (ii)    provide instructions for the transfer of licensing information to NMLS.        (4)    For each licensee that complies with subsection (d) of this section, the term of the licensee’s license shall be extended to December 31 of the year in which the license otherwise would have expired.        (5)    The license extension fee required under subsection (d)(3) of this section is nonrefundable and, based on the annual license fee, shall be prorated to the number of days between the date the license otherwise would have expired and December 31 of the same year.    (f)    Subject to subsection (d) of this section, an applicant for an initial license or a license renewal shall apply for the initial license or license renewal through NMLS:        (1)    On or after July 1, 2017; or        (2)    If the Commissioner has not joined NMLS with respect to persons required to be licensed under this subtitle as of July 1, 2017, on or after the date that the Commissioner joins, as specified by the Commissioner by public notice.