Maryland § 7-303

Full text of Maryland Maryland Code § 7-303, with citation guidance and answers to common questions.

§ 7-303.

    (a)    Within 60 days after an applicant submits a complete application for a license and pays the fees required by § 7–302 of this subtitle, the Board shall approve or deny the application.

    (b)    To qualify for a license, an applicant shall satisfy the Board that the applicant is of good moral character and has sufficient financial responsibility, business experience, and general fitness to:

        (1)    engage in business as a collection agency;

        (2)    warrant the belief that the business will be conducted lawfully, honestly, fairly, and efficiently; and

        (3)    command the confidence of the public.

    (c)    The Board may deny an application for a license to any person who:

        (1)    has committed any act that would be a ground for reprimand, suspension, or revocation of a license under this subtitle; or

        (2)    otherwise fails to meet the requirements for licensure.

    (d)    If an applicant does not meet the requirements of this subtitle, the Board shall:

        (1)    deny the application; and

        (2)    immediately notify the applicant of the denial.

    (e)    (1)    The denial of an application under this section is subject to the hearing provisions of § 7–309 of this subtitle.

        (2)    An applicant who seeks a hearing on a license application denial shall file a written request for a hearing within 45 days following receipt of the notice to the applicant of the applicant’s right to a hearing.

Frequently Asked Questions About Maryland § 7-303

What does Maryland Code § 7-303 cover?

Section 7-303 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 § 7-303?

A common citation format is "Maryland Code § 7-303" (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 § 7-303 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.