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Session Laws, 1984
Volume 759, Page 3162   View pdf image
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3162                                             LAWS OF MARYLAND                                        Ch. 639

19-363.

(A)  THE FUNDS IN THE ESCROW ACCOUNT SHALL BE USED ONLY FOR
THE PURPOSES OF REMEDYING THE HAZARDOUS CONDITION.

(B)  THE AMOUNT OF THE ESCROW ACCOUNT SHALL BE THE ESTIMATED
COST OF CORRECTING THE HAZARDOUS CONDITION OR $5,000 WHICHEVER IS
GREATER.

(C)  THE ESCROW ACCOUNT IS TO BE ESTABLISHED BY THE RELATED
INSTITUTION AT AN AUTHORIZED FINANCIAL INSTITUTION SELECTED BY
THE RELATED INSTITUTION.

(D)  CURRENT OPERATING FUNDS MAY NOT BE USED TO ESTABLISH
THE ESCROW ACCOUNT.

19-364.

(A)  THE RELATED INSTITUTION SHALL HAVE THE RIGHT TO APPEAL
FROM THE ORDER WITHIN 5 WORKING DAYS FROM THE RECEIPT OF THE
ORDER.

(B)  THE APPEAL SHALL BE HEARD BY THE HEARINGS OFFICE OF THE
DEPARTMENT, WHICH SHALL RENDER THE FINAL AGENCY DECISION FOR
PURPOSES OF JUDICIAL REVIEW.

(C)   IMPOSITION OF THE SANCTION SHALL BE STAYED UNTIL THE
FINAL DECISION IS ISSUED PURSUANT TO PARAGRAPH (M) OF THIS
SECTION.

(D)  A HEARING ON THE SANCTION SHALL BE HELD WITHIN 10
WORKING DAYS OF THE REQUEST FOR HEARING.

(E)  THE PARTIES TO THE HEARING SHALL BE THE AGGRIEVED
RELATED INSTITUTION AND THE SECRETARY.

(F)  THE PARTIES ARE ENTITLED TO BE REPRESENTED BY COUNSEL.

(G)  THE HEARINGS OFFICE MAY PERMIT, MODIFY, OR DENY A
TIMELY REQUEST BY THE RELATED INSTITUTION FOR PREHEARING
DISCOVERY.

(H) THE HEARINGS OFFICE, UPON ITS OWN MOTION OR UPON MOTION
OF EITHER PARTY, MAY SUBPOENA ANY PERSON OR EVIDENCE, ADMINISTER
OATHS, AND TAKE DEPOSITIONS AND OTHER TESTIMONY.

(I) THE HEARING SHALL INQUIRE FULLY INTO ALL OF THE MATTERS
AT ISSUE AND SHALL RECEIVE INTO EVIDENCE THE TESTIMONY OF
WITNESSES AND ANY DOCUMENTS WHICH ARE RELEVANT AND MATERIAL TO
SUCH MATTERS.

(J) THE PARTIES SHALL HAVE THE RIGHT TO PRESENT EVIDENCE
AND TESTIMONY AND TO CROSS-EXAMINE THAT PRESENTED BY THE OPPOSING
PARTY.

 

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Session Laws, 1984
Volume 759, Page 3162   View pdf image
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