§ 11-417. Effect of surrender, suspension, or revocation of license
West's Annotated Code of MarylandFinancial Institutions
MD Code, Financial Institutions, § 11-417
§ 11-417. Effect of surrender, suspension, or revocation of license
(a) The surrender, suspension, or revocation of a license does not impair or affect any obligation under any agreement that the licensee entered into or acquired before the license was surrendered, suspended, or revoked.
(b) In enforcing an agreement and in dealing with the parties to that agreement, a person whose license has been surrendered, suspended, or revoked remains subject to this subtitle, including the authority of the Commissioner to examine and investigate under § 11-413 of this subtitle.
Credits
Added by Acts 1980, c. 33, § 2, eff. July 1, 1980.
Formerly Art. 83, § 159.
MD Code, Financial Institutions, § 11-417, MD FIN INST § 11-417
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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