Ch. 326

1996 LAWS OF MARYLAND

14-1706.

(a) If a written complaint for violation of any provision of this subtitle or any
other law of this State regulating loans or other extensions of credit is filed with the
Commissioner of [Consumer Credit] FINANCIAL REGULATION, the Commissioner
may investigate the complaint and hold a hearing on it in accordance with § 11-413 of the
Financial Institutions Article.

14-1901.

(g) "Commissioner" means the Commissioner of [Consumer Credit]
FINANCIAL REGULATION of the Department of Labor, Licensing, and Regulation.

14-2007.

(e)     (1) If a complaint for violation of any provision of this subtitle is filed with
the Commissioner of [Consumer Credit] FINANCIAL REGULATION, the
Commissioner may investigate the complaint and hold a hearing on it in accordance with
§ 11-413 of the Financial Institutions Article.

(f)      (1) In this subsection, "notice" means the first to occur of the following:

(i) When the lessor receives a written notice from the lessee notifying
the lessor of an error or violation;

(ii) When the lessor receives a written notice from the Commissioner
of [Consumer Credit] FINANCIAL REGULATION or the appropriate regulatory authority
notifying the lessor of an error or violation; or

(iii) When the lessor receives service of process in a civil action for an
error or violation instituted by a lessee in a court of competent jurisdiction.

14-2009.

(d) The Commissioner [of Consumer Credit] OF FINANCIAL REGULATION may
make a determination concerning any private sale that the sale was not accomplished in
a commercially reasonable manner. Upon that determination, the Commissioner may
enter an order disallowing any claim for a deficiency balance.

Article - Education

18-1013.

(a)     The Corporation is subject to the supervision and examination of the [ Bank]
Commissioner OF FINANCIAL REGULATION, but is not:

(1)     A banking organization; or

(2)     Required to pay a fee for supervision or examination.

(b)     At the end of each fiscal year, the Corporation shall make an annual report of
its condition to the Governor, to the [Bank] Commissioner OF FINANCIAL
REGULATION, to the Maryland Higher Education Commission, and, subject to § 2-1312
of the State Government Article, to the General Assembly.

- 1912 -