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§ 7-308. Suspension and revocation

West's Annotated Code of MarylandBusiness RegulationEffective: July 1, 2023

West's Annotated Code of Maryland
Business Regulation (Refs & Annos)
Title 7. Collection Agencies (Refs & Annos)
Subtitle 3. Licenses (Refs & Annos)
Effective: July 1, 2023
MD Code, Business Regulation, § 7-308
§ 7-308. Suspension and revocation
Currentness
(a) Subject to the hearing provisions of § 7-309 of this subtitle, the Board may reprimand a licensee or suspend or revoke a license if the licensee or any owner, director, officer, member, partner, or agent of the licensee:
(1) makes any material misstatement in an application for a license;
(2) is convicted under the laws of the United States or of any state of:
(i) a felony; or
(ii) a misdemeanor that is directly related to the fitness and qualification of the person to engage in the collection agency business;
(3) in connection with the collection of any consumer claim:
(i) commits any fraud; or
(ii) engages in any illegal or dishonest activities;
(4) knowingly or negligently violates the Maryland Consumer Debt Collection Act; or
(5) fails to comply with a lawful order that the Board passes under this title.
(b) In determining whether to reprimand a licensee or to suspend or revoke a license for a reason described in subsection (a)(2) of this section, the Board shall consider:
(1) the nature of the crime;
(2) the relationship of the crime to the activities authorized by the license;
(3) with respect to a felony, the relevance of the conviction to the fitness and qualification of the licensee to engage in the collection agency business;
(4) the length of time since the conviction; and
(5) the behavior and activities of the licensee since the conviction.

Credits

Added by Acts 1992, c. 4, § 2. Amended by Acts 2007, c. 472, § 1, eff. Oct. 1, 2007; Acts 2023, c. 567, § 1, eff. July 1, 2023.
Formerly Art. 56, §§ 325, 329.
MD Code, Business Regulation, § 7-308, MD BUS REG § 7-308
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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