{"data":{"id":"us-md/md.-code-financial-institutions-12-904","jurisdiction":"us-md","citation":"Md. Code, Financial Institutions § 12–904","heading":"","body":"With the license application, the applicant shall pay to the Commissioner:\n(1) A nonrefundable investigation fee of $1,000 for an initial license; and\n(2) A license fee for an initial license or a license renewal for an additional 1–year term, as follows:\n(i) $500, if the applicant’s annual gross revenue is not more than $3,000,000;\n(ii) $1,000, if the applicant’s annual gross revenue is more than $3,000,000 but not more than $6,000,000;\n(iii) $2,000, if the applicant’s annual gross revenue is more than $6,000,000 but not more than $15,000,000;\n(iv) $3,000, if the applicant’s annual gross revenue is more than $15,000,000 but not more than $30,000,000; or\n(v) $4,000, if the applicant’s annual gross revenue is more than $30,000,000.","path":["Article - Financial Institutions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi\u0026section=12-904","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:27Z","sha256":"90ef336a24239553441a09e53c7118803d2c2eb4eecf22de4ddda0c1a938045c","source_id":"us-md","stale":false,"prev":"us-md/md.-code-financial-institutions-12-902","next":"us-md/md.-code-financial-institutions-12-905"},"notice":"GroundRules: Original legal text. Not legal advice."}