Md. Code, Fin. Inst. § 12-421

Current with changes from the 2024 Legislative Session
Section 12-421 - Determination of compliance with subtitle

If the Commissioner finds that the books, records, and accounting procedures of a licensee are not adequate to enable the Commissioner to determine whether the licensee is in compliance with this subtitle, the Commissioner may require the licensee to have a certified public accountant audit the licensee for any period of time the Commissioner considers necessary or adopt standard, recognized accounting and bookkeeping procedures and records for this purpose.

Md. Code, FI § 12-421