(a) A licensee may not sell a loan account to any person who is not licensed under this subtitle.
(b) A loan account that is acquired by a person who is not licensed under this subtitle is not enforceable.
Md. Code, Financial Institutions § 11-219, under Article — Financial Institutions.
Md. Code, Financial Institutions § 11-219
(a) A licensee may not sell a loan account to any person who is not licensed under this subtitle.
(b) A loan account that is acquired by a person who is not licensed under this subtitle is not enforceable.