1156

LAWS OF MARYLAND

[Ch. 191

and re—enacted, with amendments, to read as follows:

Article 56 — Licenses

225.

(c) If the Commission [shall determine] DETERMINES
that any applicant is not qualified to receive a license,
a license [shall] MAY not be granted to [said] THE
applicant. [[And if]] IF the Commission [shall
determine] DETERMINES that any license holder is guilty
of a violation of any of the provisions of this subtitle,
his or its license may be suspended or revoked or a
penalty imposed pursuant to § 224 (a). The findings made
by the Commission, acting within its powers shall be
subject to review by the Superior Court of Baltimore City
or the circuit court in any county[; and further provided
that during any stay of any suspension or revocation
granted by any such court the licensee may continue to
perform the duties of a broker or salesman only upon the
providing of a corporate bond in the sum of $25,000 for
the use and benefit of the public who may suffer or
sustain any loss by reason of a violation of this
subtitle by such broker or salesman]. DURING ANY STAY OF
A SUSPENSION OR REVOCATION GRANTED BY A COURT, THE
LICENSEE MAY CONTINUE TO PERFORM THE DUTIES OF A BROKER
OR SALESMAN UPON FILING A BOND [[IN THE AMOUNT OF
$25,000. THE AMOUNT OF THE BOND MAY BE REDUCED BY THE
COURT UPON GOOD CAUSE BEING SHOWN BY THE LICENSEE. THE
COURT SHALL CONSIDER THE SEVERITY OF THE ALLEGED OFFENSE,
THE AMOUNT OF HONEY INVOLVED, AND THE SOLVENCY OF THE
LICENSEE]] NOT TO EXCEED $25,000 IN THE DISCRETION OF THE
COURT. THE BOND SHALL BE CONDITIONED FOR THE USE AND
BENEFIT OF THE PUBLIC WHO MAY SUSTAIN PECUNIARY LOSS BY
REASON OF A VIOLATION OF THIS SUBTITLE BY THE LICENSEE.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1975.

Approved April 8, 1975.

CHAPTER 192
(House Bill 133)

AN ACT concerning

Real Estate Commission — Fees