Md. Code, Financial Institutions § 12-427
Md. Code, Financial Institutions § 12-427
in effectA money transmitter is subject to the enforcement provisions of §§ 2–114 through 2–116 of this article if the money transmitter:
(1) Is not licensed under this subtitle; or
(2) Is not an authorized delegate of a licensee.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi§ion=12-427&enactments=falseFetched: 10/17/2026
