§ 12-904

Maryland § 12-904

• Jurisdiction: Maryland
• Article gfi: Financial Institutions
• Title: 12

Text

With the license application, the applicant shall pay to the Commissioner:

(1) A nonrefundable investigation fee of $1,000 for an initial license; and

(2) A license fee for an initial license or a license renewal for an additional 1–year term, as follows:

(i) $500, if the applicant’s annual gross revenue is not more than $3,000,000;

(ii) $1,000, if the applicant’s annual gross revenue is more than $3,000,000 but not more than $6,000,000;

(iii) $2,000, if the applicant’s annual gross revenue is more than $6,000,000 but not more than $15,000,000;

(iv) $3,000, if the applicant’s annual gross revenue is more than $15,000,000 but not more than $30,000,000; or

(v) $4,000, if the applicant’s annual gross revenue is more than $30,000,000.