HARRY HUGHES, Governor                                       3481

(C) (1) SUBJECT TO THE LIMITATIONS UNDER PARAGRAPH (2) OF
THIS SUBSECTION, A COURT MAY ORDER, IN ADDITION TO ANY OTHER
PENALTY PROVIDED ELSEWHERE IN THE ANNOTATED CODE, THAT AN
INDIVIDUAL VIOLATING THIS SUBTITLE MAY NOT BE PERMITTED TO SEEK,
ENTER INTO, OR PERFORM ANY CONTRACT FOR THE CONSTRUCTION OF REAL
PROPERTY IN THE STATE FOR A PERIOD OF TIME TO BE SPECIFIED BY THE
COURT.

(2) A COURT MAY MAKE AN ORDER UNDER PARAGRAPH (1) OF
THIS SUBSECTION ONLY IF THE COURT DETERMINES:

(I) THAT A CRIMINAL OFFENSE THAT RESULTED IN
FINANCIAL LOSSES TO THE VICTIMS HAS BEEN COMMITTED BY A VIOLATION
OF THIS SUBTITLE OR BY A BREACH OF ANY TRUST CREATED BY THIS
SUBTITLE; AND

(II) THAT IT WOULD NOT BE INCONSISTENT WITH A
PLAN FOR RESTITUTION ORDERED IN ANY OTHER PROCEEDING BROUGHT TO
ENFORCE THIS SUBTITLE.

10-508.

THIS SUBTITLE DOES NOT APPLY TO:

(7) A CUSTOM HOME CONTRACT FINANCED BY A MORTGAGE
LOAN ISSUED BY AN INSTITUTION REGULATED UNDER THE FINANCIAL
INSTITUTIONS ARTICLE: AND

(2) A SALE BY OR THROUGH A LICENSED REAL ESTATE
BROKER IN CONNECTION WITH WHICH ALL SUMS OF MONEY IN THE NATURE
OF DEPOSITS, ESCROW MONEY, OR BINDER MONEY ARE PAID TO A BROKER
TO BE HELD IN THE ESCROW ACCOUNT OF THE BROKER.

10-508. 10-509.

THIS SUBTITLE MAY BE CITED AS THE MARYLAND CUSTOM HOME
PROTECTION ACT.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1986.

Approved May 27, 1986.