Md. Code, Financial Institutions § 12-421

Md. Code, Financial Institutions § 12-421
in effect
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If the Commissioner finds that the books, records, and accounting procedures of a licensee are not adequate to enable the Commissioner to determine whether the licensee is in compliance with this subtitle, the Commissioner may require the licensee to have a certified public accountant audit the licensee for any period of time the Commissioner considers necessary or adopt standard, recognized accounting and bookkeeping procedures and records for this purpose.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi&section=12-421&enactments=falseFetched: 10/17/2026

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Md. Code, Financial Institutions § 12-421 | Code of Maryland (Aug. 2026 snapshot) | Corpus