Code of Maryland Regulations
Title 09 - MARYLAND DEPARTMENT OF LABOR
Subtitle 25 - SECONDHAND PRECIOUS METALS AND GEM DEALERS AND PAWNBROKERS
Chapter 09.25.01 - Licenses
Section 09.25.01.05 - Employees of the Licensee
Universal Citation: MD Code Reg 09.25.01.05
Current through Register Vol. 51, No. 19, September 20, 2024
A. At the time an individual applies for a license, the individual shall:
(1) On a form provided by the Secretary,
submit the name of each employee who, on behalf of the applicant, will engage
in a precious metal object transaction or pawn transaction;
(2) Submit documents, as required by the
Secretary, necessary to conduct a criminal background investigation for each
employee who will engage in a precious metal object or pawn transaction;
and
(3) Pay the fee for each
employee pursuant to Business Regulation Article, §12-203, Annotated
Code of Maryland.
B. A current licensee shall notify the Secretary, under the requirements of §A of this regulation, of the identity of an employee whom the licensee intends to hire to engage in a precious metal object or pawn transaction.
C. The licensee may not permit an employee to engage in a precious metal object or pawn transaction until the Secretary notifies the licensee of the licensee's compliance with §A or B of this regulation.
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