{"data":{"id":"us-md/md.-code-financial-institutions-12-924","jurisdiction":"us-md","citation":"Md. Code, Financial Institutions § 12–924","heading":"","body":"(a) The Commissioner may conduct an examination of a licensee with or without prior notice.\n(b) The licensee shall pay all reasonably incurred costs directly related to an examination conducted under this section, including the travel expenses, lodging expenses, and a per diem for examiners.\n(c) Any examination may be conducted in conjunction with an examination performed by a representative of a responsible supervisory agency of another state.\n(d) (1) The Commissioner, in lieu of an examination, may accept the examination report of a responsible supervisory agency of another state.\n(2) A report accepted under paragraph (1) of this subsection is considered for all purposes as an official report of the Commissioner.\n(e) The Commissioner may:\n(1) Examine all books, accounts, and records that the Commissioner determines are necessary to conduct a complete examination, including the books, accounts, and records in the possession of a subsidiary, affiliate, or other person that relate to the operation of and services provided by the licensee’s debt management services business; and\n(2) Examine under oath any owner, officer, director, principal, and employee of the licensee or any other individual who may provide information on behalf of the licensee.","path":["Article - Financial Institutions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi\u0026section=12-924","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:27Z","sha256":"f853a231193729b7d58e9d56af257d5cb5f70ed69108ce68b8100bac7064416e","source_id":"us-md","stale":false,"prev":"us-md/md.-code-financial-institutions-12-923","next":"us-md/md.-code-financial-institutions-12-925"},"notice":"GroundRules: Original legal text. Not legal advice."}
