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§ 11-415. Notice and hearings

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 11. Consumer Credit
Subtitle 4. Sales Finance Companies--Licensing Provisions
MD Code, Financial Institutions, § 11-415
§ 11-415. Notice and hearings
Currentness
In general
(a) Before the Commissioner takes any action under § 11-414 of this subtitle, the Commissioner shall give the licensee an opportunity for a hearing before the Commissioner.
Construction with Administrative Procedure Act
(b) Notice of the hearing shall be given and the hearing shall be held in accordance with the Administrative Procedure Act.1
Hearing notice
(c) The hearing notice to be given to the licensee shall be sent by certified mail, return receipt requested, bearing a postmark from the United States Postal Service, to the principal place of business of the licensee in this State at least 10 days before the hearing.
Orders suspending or revoking license
(d) An order suspending or revoking a license shall state the grounds on which it is based and is not effective until 10 days after written notice of the order is sent to the licensee by certified mail, return receipt requested, bearing a postmark from the United States Postal Service, to the principal place of business of the licensee in this State.
Rules and regulations
(e) The Commissioner shall adopt rules and regulations for:
(1) The conduct of hearings; and
(2) The form of findings and orders.

Credits

Added by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 1983, c. 563.
Formerly Art. 83, § 159.

Footnotes

1
State Government § 10-101 et seq.
MD Code, Financial Institutions, § 11-415, MD FIN INST § 11-415
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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