Maryland's Senate Bill 589 requires individuals to be licensed when operating as collection agencies, effective October 1, 2026.
What changed
Licensing requirement established for all collection agencies in Maryland.
Compliance perspective
All collection agencies must ensure they have the appropriate licenses to operate legally.
Key date
Effective date: October 1, 2026.
Need help keeping up with these changes?
Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.