Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 11-203-3 — Maryland Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maryland/
  4. Financial Institutions - Title 1 - Definitions; General Provisions/
  5. Title 11 - Consumer Credit/
  6. Subtitle 2 - Consumer Loans -- Licensing Provisions/
  7. § 11-203-3
Maryland Legal Code

§ 11-203-3

Ask AI about this
(a) All revenue received for the licensing and assessment of persons under this subtitle and Subtitle 3 of this title and any other fee or revenue received by the Commissioner under this subtitle shall be: (1) Credited to the Non–Depository Special Fund established under § 2–120 of this article; and (2) Used in accordance with § 2–120(d) of this article. (b) Notwithstanding subsection (a) of this section, the Commissioner shall pay all fines and penalties collected by the Commissioner under this subtitle and Subtitle 3 of this title into the General Fund of the State. (c) Subject to § 2–120(h) of this article, the Commissioner may impose an annual assessment on any licensee under this subtitle.