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LANS OF MARYLAND

Ch. 33

included in the term "charter". The present
provision of Art. 23, § 161H(a) that implies an
examination or report of violations is required
before the Division Director may issue an order
is deleted in light of the broader authority
granted in present Art. 23, § 161G(c).

In subsection (b) of this section, the term

"order" is substituted for      a "communication

having the effect of an order"   to make clear that

the communication is an order   even though it may
not yet be effective.

As to subsection (c) of this section, "registered
mail", is defined in Art. 1, § 20 to include
"certified mail".

See also Art. 41, §§ 251 and 251A of the
Administrative Procedure Act for requirements of
notice and prehearing procedures before agencies
in contested matters.

"Division Director" and "savings and loan
association" are defined in § 8-101 of this
title.

8-402. EFFECTIVENESS OF DIVISION DIRECTOR'S ORDER.

(A)   HEARING REQUIRED.

AN ORDER ISSUED UNDER § 8-401 OF THIS SUBTITLE MAY NOT
BECOME EFFECTIVE UNTIL THE SAVINGS AND LOAN ASSOCIATION
NAMED IN THE ORDER HAS BEEN GIVEN AN OPPORTUNITY FOR A
HEARING BEFORE THE DIVISION DIRECTOR.

(B)   FAILURE TO APPEAR.

IF THE SAVINGS AND LOAN ASSOCIATION DOES NOT APPEAR AT
THE HEARING, THE ORDER BECOMES FINAL.

(C)       ORDER AFTER HEARING; APPEAL.

AFTER THE SAVINGS AND LOAN ASSOCIATION HAS BEEN GIVEN A
HEARING, THE DIVISION DIRECTOR MAY ISSUE AN ORDER RELATIVE
TO THE SUBJECT MATTER OF THE HEARING. THE ORDER:

(1)       SHALL BE MAILED AS PROVIDED IN § 8-401 OF
THIS SUBTITLE; AND

(2)       BECOMES FINAL IF A SAVINGS AND LOAN
ASSOCIATION THAT IS A PARTY TO THE PROCEEDINGS DOES NOT FILE
AN APPEAL WITH THE BOARD OF COMMISSIONERS WITHIN 20 DAYS
FROM THE DATE OF MAILING.

REVISOR'S NOTE: This section is new language derived
without substantive change from the last sentence
of Art. 23, § 161G(c) and the last sentence of §