COMAR 09.03.14.09. Maintenance of License
MarylandRegulations
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Code of Maryland Regulations › Title 09 MARYLAND DEPARTMENT OF LABOR › Subtitle 03 COMMISSIONER OF FINANCIAL REGULATION › Chapter 14 Money Transmitters › COMAR 09.03.14.09
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A. If a licensee does not continue to meet the qualifications or satisfy the requirements that apply to an applicant for a new license, the Commissioner may suspend or revoke the licensee’s license in accordance with the procedures established under the Maryland Money Transmission Act.
B. An applicant for a license shall demonstrate that it meets or will meet, and a money transmission licensee shall at all times meet, the requirements in Regulation .18 of this chapter .
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