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Statutes Text

Article - Financial Institutions




§12–113.

    (a)    A licensee may not add, delete, or modify a location required to be listed in NMLS under § 12–110(a)(2), (3), or (4) of this subtitle unless:

        (1)    The licensee provides to the Commissioner, through NMLS and in accordance with any regulations the Commissioner adopts, notice of the addition, deletion, or modification;

        (2)    The addition, deletion, or modification of the location is recorded with the information associated with the licensee’s license in NMLS; and

        (3)    The addition, deletion, or modification of the location otherwise complies with this subtitle.

    (b)    The licensee may not do business at a location or in a geographic area required to be listed in NMLS by § 12–110(a)(2), (3), or (4) of this subtitle until the location or geographic area is recorded with the information associated with the licensee’s license in NMLS.



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