{"data":{"id":"us-md/md.-code-financial-institutions-12-106","jurisdiction":"us-md","citation":"Md. Code, Financial Institutions § 12–106","heading":"","body":"To qualify for a license, an applicant shall satisfy the Commissioner that:\n(1) The applicant’s business will promote the convenience and advantage of the communities where the applicant will operate a licensed location offering check cashing services; and\n(2) The applicant or, if the applicant is not an individual, each of the owners, officers, directors, or principals of the entity:\n(i) Has sufficient experience, character, financial responsibility, and general fitness to:\n1. Command the confidence of the public; and\n2. Warrant the belief that the business will be operated lawfully, honestly, fairly, and efficiently; and\n(ii) Has not committed any act that would be a ground for suspension or revocation of a license under this subtitle.","path":["Article - Financial Institutions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi\u0026section=12-106","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:27Z","sha256":"32f4429c39bcb2537dd413445fad97ca849193592651a15fb905f336fc62ecaf","source_id":"us-md","stale":false,"prev":"us-md/md.-code-financial-institutions-12-105.1","next":"us-md/md.-code-financial-institutions-12-107"},"notice":"GroundRules: Original legal text. Not legal advice."}