2436

LAWS OF MARYLAND

Ch. 616

(2) On petition by the [Bank] Commissioner OF
CONSUMER CREDIT, the court may order the person to attend
and testify or produce evidence.

12-315.

(a)  If the [Bank] Commissioner OF CONSUMER CREDIT
finds that the conduct of any other business conceals a
violation or evasion of the Maryland Secondary Mortgage Loan
Law or of any rule or regulation adopted under it, the
[Bank] Commissioner OF CONSUMER CREDIT may issue a written
order to a licensee to:

(1)  Stop doing business at any place in which
the other business is conducted or solicited; or

(2)  Stop doing business in association or
conjunction with the other business.

(b)  A licensee may not violate an order of the [Bank]
Commissioner OF CONSUMER CREDIT issued under this section.

12-316.

Subject to the hearing provisions of § 12-317 of this
subtitle, the [Bank] Commissioner OF CONSUMER CREDIT may
suspend or revoke the license of any licensee, if the
licensee, or any owner, director, officer, member, partner,
stockholder, employee, or agent of the licensee:

(1)  Makes any material misstatement in an
application for a license;

(2)  In connection with any secondary mortgage
loan transaction:

(i) Commits any fraud;

(ii) Engages in any dishonest activities;
or

(iii) Misrepresents or fails to disclose
any material facts to anyone entitled to that information;

(3)  Violates any provision of the Maryland
Secondary Mortgage Loan Law or of any rule or regulation
adopted under it; or

(4)  Otherwise demonstrates unworthiness, bad
faith, dishonesty, or any other quality that indicates that
the business of the licensee has not been or will not be
conducted honestly, fairly, equitably, and efficiently.

12-317.

(a) Before the [Bank] Commissioner OF CONSUMER CREDIT
denies an application under § 12-307 of this subtitle or