HARRY HUGHES, Governor

1065

(A) APPEAL TO THE APPROPRIATE CIRCUIT COURT FOR BALTIMORE

ANY ASSOCIATION, HOLDING COMPANY, OR SUBSIDIARY PARTY
AGGRIEVED BY A FINAL ORDER OF THE DIVISION DIRECTOR MAY APPEAL

FROM THE ORDER TO THE CIRCUIT COURT FOR BALTIMORE CITY

APPROPRIATE CIRCUIT COURT CIRCUIT COURT FOR BALTIMORE CITY UNDER
TITLE 10, SUBTITLE 2 (ADMINISTRATIVE PROCEDURE ACT - CONTESTED
CASES) OF THE STATE GOVERNMENT ARTICLE.

(b) effect of appeal.

the filing of an appeal may not stay the effectiveness of
the final order.

[8-404. Final order of Board of Commissioners — Generally.

Within 30 days after the hearing of the Board of
Commissioners, the Board shall:

(1)  Sustain, reject, or modify the Division
Director's order;

(2)  Issue a final order in the matter; and

(3)  As provided in § 8-401 of this subtitle, mail a
copy of its final order to each savings and loan association that
is a party to the proceedings of the order.]

[8-405. Same — Right to appeal.

Any savings and loan association that is a party to the
Board of Commissioners' proceedings or the holders of at least 10
percent of shares of the savings and loan association may appeal
from the order to the circuit court for the county where the
association has its principal business office in this State.]

[8-406. Same — Judicial review.

(a)  Subject to Administrative Procedure Act.

In an appeal under § 8-405 of this subtitle, the appeal
taken shall be subject to the provisions of the Administrative
Procedure Act.

(b)  Appeal to Court of Special Appeals.

Any party to the proceedings may appeal the decision of the
court to the Court of Special Appeals.]

[8-407. Same — Enforcement.

If the Board of Commissioners finds that a savings and loan
association or any of its directors, officers, agents, or
employees has failed to comply with a final order issued by the