2912

LAWS OF MARYLAND

Ch. 778

(A) BEFORE ANY LICENSE IS SUSPENDED OR REVOKED, THE
SECRETARY SHALL GIVE THE LICENSEE AT LEAST 10 DAYS' WRITTEN
NOTICE OF THE DECISION TO SUSPEND OR REVOKE THE LICENSE.

(B) ANY PERSON AGGRIEVED BY A DECISION MADE UNDER THIS
SECTION MAY SEEK REVIEW OF THAT DECISION UNDER SUBTITLE 4 OF
TITLE 2 OF THIS ARTICLE.

(A)  MONEY PLACED IN THE ADMINISTRATION FUND SHALL BE
USED AS FOLLOWS:

(1)  TO PAY THE EXPENSES INCURRED IN THE
ADMINISTRATION OF THE LICENSING PROGRAM PROVIDED FOR IN THIS
TITLE; AND

(2)  TO PREPARE THE ANNUAL DIRECTORY OF GRAIN
BUYERS, AS REQUIRED BY SECTION 13-105 OF THIS TITLE.

(B) (1) ANY MONEY RECEIVED FROM LICENSING FEES IN
EXCESS OF THE AMOUNT NEEDED TO PERFORM THE RESPONSIBILITIES
SET FORTH IN SUBSECTION (A) OF THIS SECTION SHALL BE PLACED
IN THE GRAIN INDEMNIFICATION FUND.

(2) HOWEVER, IF NO GRAIN INDEMNIFICATION FUND
HAS BEEN ESTABLISHED, THE EXCESS SHALL BE PLACED IN THE
GENERAL FUNDS.

13-105.

THE GRAIN DEALER'S LICENSE SHALL BE POSTED IN A
CONSPICUOUS PLACE IN THE PLACE OF BUSINESS.

THE DEPARTMENT SHALL PUBLISH ANNUALLY A DIRECTORY OF
GRAIN BUYERS.

13-106.

(A) EACH PERSON LICENSED UNDER THE PROVISIONS OF THIS
SUBTITLE SHALL INSURE AND AT ALL TIMES KEEP INSURED, IN HIS
OWN NAME, ALL OF THE COMMODITIES IN STORE, OR RECEIVED FOR
STORAGE, OR FOR HANDLING FOR RESTORAGE.

(B) THE AMOUNT OF THE INSURANCE SHALL BE THE FULL
MARKET VALUE.

(C) THE INSURANCE SHALL INCLUDE COVERAGE AGAINST LOSS

OR DAMAGE BY FIRE, LIGHTENING, INHERENT EXPLOSION,

WINDSTORM, CYCLONE, OR TORNADO.

(D) IN THE EVENT OF ANY LOSS OR DAMAGE TO COMMODITIES,
OR TO THE WAREHOUSE OR WAREHOUSES, WHETHER OR NOT SUCH LOSS
WAS INSURED AGAINST, THE DEALER SHALL IMMEDIATELY NOTIFY THE
BOARD, AND, AT HIS OWN EXPENSE PROMPTLY TAKE THE STEPS
NECESSARY TO COLLECT ANY MONEYS WHICH MAY BE DUE AS
INDEMNITY FOR SUCH LOSS OR DAMAGE.