Section 8-315 - Payment of compensation; effect of loss of license. - Maryland Statutes

§ 8-315. Payment of compensation; effect of loss of license.
 

(a)  Payment of compensation.- Except as otherwise provided in subsection (b) of this section, a contractor or subcontractor may not pay or otherwise compensate another contractor or subcontractor or a salesperson for performing or selling a home improvement unless: 

(1) the person to be paid or compensated is licensed; 

(2) the person to be paid or compensated is not subject to the licensing requirements of this title; or 

(3) the transaction for which the consideration is to be paid is not subject to this title. 

(b)  Effect of loss of license.- After the expiration, suspension, or revocation of a license, a person: 

(1) is not relieved of outstanding obligations; and 

(2) may complete and be paid under a home improvement contract that is made but not performed on the date of the expiration, suspension, or revocation. 
 

[An. Code 1957, art. 56, § 263; 1992, ch. 4, § 2.]