WILLIAM DONALD SCHAEFER, Governor Ch. 563

(I)  THE LICENSEE COMPLIES WITH THE CONDITIONS
SET FORTH BY THE COMMISSION IN ITS ORDER; OR

(II)  THE COMMISSION ORDERS A DIFFERENT
DISPOSITION AFTER A HEARING HELD UNDER THIS SECTION.

(D) ELECTION TO HOLD HEARING BEFORE SUSPENSION.

(1)  RATHER THAN ORDER SUMMARILY A SUSPENSION OF A
LICENSE UNDER THIS SECTION, THE COMMISSION MAY ELECT NOT TO
SUSPEND THE LICENSE UNTIL AFTER THE LICENSEE IS GIVEN AN
OPPORTUNITY FOR A HEARING.

(2)  IF THE COMMISSION ELECTS TO GIVE THE LICENSEE AN
OPPORTUNITY FOR A HEARING BEFORE SUSPENDING THE LICENSE FOR THE
GROUNDS SET FORTH IN THIS SECTION, THE COMMISSION SHALL GIVE
NOTICE AND HOLD THE HEARING IN THE SAME MANNER AS REQUIRED UNDER
§ 4-325 OF THIS SUBTITLE.

SUBCOMMITTEE COMMENT: Subsections (a) and (c) of this
section are new language derived without substantive
change from the second and third sentences of former
Art. 56, § 224C, except as those sentences related to
the suspension of the registration of a time-share
developer.

Subsection (b) of this section is new language added
to provide expressly for an opportunity for a prompt
hearing after a suspension is ordered summarily by the
Commission.

Subsection (d) of this section is new language added
to provide expressly that the Commission may elect to
take disciplinary action for the grounds enumerated in
this section without using a summary procedure.

Throughout this section, the references to an "order"
of the Commission are added to clarify that a summary
suspension under this section is effectuated by the
issuance of an order by the Commission and that the
order sets forth the terms and conditions of the
suspension.

The provisions of the second and third sentences of
former Art. 56, § 224C that related to the summary
suspension of the registration of a time-share
developer for failing to account for funds held in
trust or to display records are transferred to RP §
11A-121.

Defined terms: "Commission" § 4-101
"Hearing board" § 4-101 "License" § 4-101

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