Section 12-1102 - Registration with the Commissioner(a) Beginning March 15, 2024, a student financing company shall register with the Commissioner as a student financing company before providing services in the State.(b) An application for registration shall include:(1) The student financing company's name;(2) The student financing company's address;(3) The name of all officers, directors, partners, and owners of controlling interests of the student financing company;(4) The addresses of all officers, directors, partners, and owners of controlling interests in the student financing company; and(5) Any other information that the Commissioner requires by regulation.(c) A student financing company shall renew its registration on an annual basis, and may be required to pay a fee at the time of renewal.(d) The Commissioner may adopt and enforce:(1) Registration procedures for student financing companies, which may include the use of NMLS;(2) Registration fees for student financing companies, which may include fees for the use of NMLS, to be paid directly by the student financing company;(3) Procedures and fees for renewing a student financing company's registration, which may include fees for the renewed use of NMLS, to be paid directly by the student financing company; and(4) Alternate registration procedures and fees for institutions of postsecondary education that offer student financing products.Added by 2023 Md. Laws, Ch. 456, Sec. 1, eff. 10/1/2023.