A Maryland originator with a nonactive license takes an application in 2026 as a favor. May an originator perform licensed activity while the license is nonactive?
Correct Answer
C) A violation: nonactive status bars licensed activity
During the time that a license is in nonactive status, it is a violation of the subtitle for the licensee to engage in any activity for which a license is required. Other choices: nonactive status is not the same as in force; compensation is not the test; and residency is not a condition. Source: Md. Fin. Inst. § 11-603(c)(4)
Why This Is the Correct Answer
During the time that a license is in nonactive status, it is a violation of the subtitle for the licensee to engage in any activity for which a license is required. Other choices: nonactive status is not the same as in force; compensation is not the test; and residency is not a condition. Source: Md. Fin. Inst. § 11-603(c)(4)
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