Maryland § 12-1105
Full text of Maryland Maryland Code § 12-1105, with citation guidance and answers to common questions.
§ 12-1105.
(a) (1) The Commissioner may use the investigative and enforcement powers provided under §§ 2–113 through 2–116 of this article to enforce this subtitle.
(2) In addition to the Commissioner, the Attorney General or the State’s Attorney for the county in which a violation occurs may enforce the requirements of this subtitle and use the same investigative and enforcement powers applicable to the Commissioner under §§ 2–113 through 2–116 of this article.
(b) A student financing product provided or acquired by a student financing company that is owed by a resident of the State shall be void and unenforceable if the Commissioner finds, after notice and a hearing, that a student financing company has knowingly violated this subtitle, at the time that the product was provided or acquired, by:
(1) Failing to comply with any registration or reporting requirement; or
(2) Furnishing inaccurate information to the Commissioner.
(c) The Commissioner may order a person barred from acting as a stockholder, an officer, a director, a partner, an owner, or an employee of a student financing company for a term of 10 years or less if the person has:
(1) Been found to have knowingly violated any provision of this subtitle or regulation adopted under this subtitle; and
(2) Caused financial harm to a consumer.
Frequently Asked Questions About Maryland § 12-1105
What does Maryland Code § 12-1105 cover?
Section 12-1105 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 12-1105?
A common citation format is "Maryland Code § 12-1105" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 12-1105 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.