Maryland Code, BUSINESS REGULATION 8-303
Terms Used In Maryland Code, BUSINESS REGULATION 8-303
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Credit report: A detailed report of an individual's credit history prepared by a credit bureau and used by a lender in determining a loan applicant's creditworthiness. Source: OCC
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- including: means includes or including by way of illustration and not by way of limitation. See
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(1) submit to the Commission an application on the form that the Commission provides;
(2) submit to the Commission with the license application proof of compliance with the insurance requirement of § 8-302.1 of this subtitle, if the applicant is applying for a contractor license;
(3) pay into the Fund the fee required under § 8-404(a) of this title, if the applicant is applying for a contractor license; and
(4) pay to the Commission an application fee set by the Commission.
(b) In addition to any other information required on an application form, the form shall require:
(1) for an individual applicant, the name and address of the applicant;
(2) for a corporate applicant, the name and address of each officer;
(3) for a partnership applicant, the name and address of each partner;
(4) for a joint venture applicant, the name and address of each party to the joint venture;
(5) if the applicant acts as a contractor through a corporation or limited partnership, the name and address of the resident agent of the corporation or limited partnership in the State;
(6) if the applicant is applying for a contractor license, a complete description of the nature of the contracting business of the applicant;
(7) if the applicant is applying for a salesperson license, a complete description of the duties of the applicant;
(8) a record of the applicant’s experience in the field of home improvement or other construction work, including dates when and addresses where the applicant has resided and done business;
(9) if the applicant provides lead paint abatement services, the Department of the Environment lead paint abatement accreditation number and accreditation expiration date;
(10) whether the applicant has ever held a professional or vocational license in this or any other state; and
(11) whether the applicant has had a professional or vocational license denied, suspended, or revoked.
(c) To evaluate the qualifications of an applicant for a license, the Commission may ask the applicant for:
(1) information about the applicant’s character, experience, and financial stability; and
(2) any other information that the Commission needs.
(d) If the applicant is applying for a contractor license, the applicant shall:
(1) have submitted to the Commission, by a credit reporting agency approved by the Commission, a credit report that contains the information required by the Commission; or
(2) have paid to the Commission or the Commission’s designee a credit report fee in an amount not to exceed the cost charged by a credit reporting agency approved by the Commission to obtain a credit report that contains the information required by the Commission.
(e) Financial information that an applicant submits to the Commission:
(1) is confidential and is not a public record; but
(2) if relevant, is admissible as evidence in an administrative or judicial proceeding.
(f) An applicant that is incorporated or has its principal office in another state shall pay to the Commission the fee imposed in that state on a similar nonresident business if that fee is higher than the application fee set by the Commission.