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Statutes Text

Article - Commercial Law




§14–1216.

    (a)    To submit a registration, a consumer reporting agency shall:

        (1)    Submit to the Commissioner a registration on the form that the Commissioner provides;

        (2)    Unless granted an exemption by the Commissioner, file with the Commissioner a bond or bond alternative as required under § 14–1217 of this subtitle; and

        (3)    Fulfill any other requirements for registration.

    (b)    The registration shall include any information that the Commissioner requires by regulation.

    (c)    A registration is not complete unless it meets the requirements of subsections (a) and (b) of this section.

    (d)    Except as provided in § 14–1226 of this subtitle, all fees and other revenues collected under this subtitle shall be deposited into the Non–Depository Special Fund established under § 2–120 of the Financial Institutions Article.

    (e)    The Commissioner may require a consumer reporting agency to register through NMLS or through other means specified by the Commissioner by regulation.



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