WILLIAM DONALD SCHAEFER, Governor

(c)  The Commissioner may make any other investigation of
any person if the Commissioner has reasonable cause to believe
that the person has violated any provision of the Maryland
Secondary Mortgage Loan Law or of any rule or regulation adopted
under it.

(d)  A licensee examined or investigated by the Commissioner
under this section shall pay to the Commissioner a [per diem] fee
of not more than [$50] $100 PER DAY OR PART THEREOF for each of
the Commissioner's employees engaged in the examination or
investigation.

(e)  In connection with an examination or investigation made
under this section, the Commissioner may:

(1)  Examine the books and records of any licensee or
of any other person who the Commissioner believes has violated
any provision of the Maryland Secondary Mortgage Loan Law or of
any rule or regulation adopted under it;

(2)  Subpoena documents or other evidence; and

(3)  Summon and examine under oath any person whose
testimony the Commissioner requires.

(f)  (1) If any person fails to comply with a subpoena or
summons of the Commissioner under this subtitle or to testify
concerning any matter about which the person may be interrogated
under this subtitle, the Commissioner may file a petition for
enforcement with the circuit court for any county.

(2) On petition by the Commissioner, the court may
order the person to attend and testify or produce evidence.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1989, contingent upon the failure to take
effect of Chapter ___ of the Acts of the General Assembly of 1989

(H.B. 1604) and if Chapter ___ becomes effective, this Act is

null and void without the necessity of further action by the
General Assembly.

May 25, 1989

The Honorable Thomas V. Mike Miller, Jr.

President of the Senate

State House

Annapolis, Maryland 21401

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