Md. Code, Financial Institutions § 12-702
Md. Code, Financial Institutions § 12-702
in effectTo qualify for supervision and examination, the applicant shall satisfy the Commissioner that the applicant:
(1) Is trustworthy and reputable;
(2) Has a good business reputation; and
(3) Has sufficient business experience, moral character, financial responsibility, and genuine 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi§ion=12-702&enactments=falseFetched: 10/17/2026