(a) To discover any violations of the Maryland Consumer Loan Law, the Commissioner,
at any time and as often as the Commissioner considers appropriate, may investigate
the loans made by and the business of:
(1) Any licensee; or
(2) Any other person who makes a loan or on whose behalf a loan is made, whether or
not that person:
(i) Acts or claims to act as a principal, agent, or broker; or
(ii) Acts or claims to act under the Maryland Consumer Loan Law.
(b) For the purposes of this section, the Commissioner:
(1) Shall be given access to any books, papers, records, safes, or vaults of the person
under investigation; and
(2) May examine under oath any person whose testimony the Commissioner requires.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.