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Session Laws, 2005
Volume 752, Page 1199   View pdf image
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ROBERT L. EHRLICH, JR., Governor                             Ch. 216
stylistic changes; and generally relating to the enforcement authority of the
Division of Consumer Protection in the Office of the Attorney General. BY repealing and reenacting, with amendments,
Article - Commercial Law
Section 13-402(b) and 13-403(b)
Annotated Code of Maryland
(2000 Replacement Volume and 2004 Supplement) BY repealing and reenacting, without amendments,
Article — Commercial Law
Section 13-403(a)
Annotated Code of Maryland
(2000 Replacement Volume and 2004 Supplement) SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows: Article - Commercial Law 13-402. (b) (1) A written assurance of discontinuance, DISCONTINUANCE OR A
settlement agreement, or any cease and desist order provided for by this subtitle may
include a stipulation or condition for THE VIOLATOR OR ALLEGED VIOLATOR TO: (i) [The payment by the violator or alleged violator of] PAY the
costs of investigation by the Division; [and] (ii) [The] MAKE restitution [by the violator or alleged violator] to
the consumer of money, property, or any other thing received from the consumer in
connection with a violation or alleged violation of this title; (III)   PAY ACTUAL ECONOMIC DAMAGES; (IV)    POST A PERFORMANCE BOND OR OTHER SECURITY; AND (V)     TAKE ANY OTHER ACTION PROVIDE INFORMATION TO THE
DIVISION
THAT IS APPROPRIATE TO ASSIST THE PUBLIC IN OBTAINING RELIEF OR TO
PREVENT FUTURE VIOLATIONS. (2) WHEN A VIOLATOR OR ALLEGED VIOLATOR AGREES OR IS ORDERED
TO POST A PERFORMANCE BOND OR OTHER SECURITY, IN DETERMINING THE
AMOUNT OF SECURITY TO BE POSTED, THE DIVISION SHALL CONSIDER: (I)      THE NATURE OF THE VIOLATION; (II)     THE AMOUNT OF MONEY, PROPERTY, OR ANY OTHER THING
RECEIVED FROM THE CONSUMER IN CONNECTION WITH THE VIOLATION; (III)   WHETHER FULL RESTITUTION HAS BEEN PAID TO THE
CONSUMER; AND - 1199 -


 
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Session Laws, 2005
Volume 752, Page 1199   View pdf image
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