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Session Laws, 1996
Volume 794, Page 4003   View pdf image
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PARRIS N. GLENDENING, Governor                             S.B. 380

(II) BAR THE PERSON FROM ENGAGING IN THE OFFER AND SALE
OF BUSINESS OPPORTUNITIES IN THE STATE; OR

(III) TAKE ANY COMBINATION OF THE ACTIONS SPECIFIED IN THIS
SECTION.

(B)     (1) THE PERSON SUBJECT TO THE CEASE AND DESIST ORDER MAY
WAIVE THE RIGHT TO A HEARING.

(2) IF A PERSON SUBJECT TO A CEASE AND DESIST ORDER WAIVES THE
RIGHT TO A HEARING, THE COMMISSIONER IS NOT REQUIRED TO HOLD A HEARING TO
TAKE ANY ACTION UNDER SUBSECTION (A)(3) OF THIS SECTION.

(C)     (1) WHENEVER THE COMMISSIONER DETERMINES THAT ANY PERSON
HAS ENGAGED IN OR IS ABOUT TO ENGAGE IN AN ACT OR PRACTICE CONSTITUTING
A VIOLATION OF THIS SUBTITLE OR A VIOLATION OF A REGULATION OR ORDER
UNDER THIS SUBTITLE, THE COMMISSIONER MAY SUE IN THE CIRCUIT COURT TO
OBTAIN ONE OR MORE OF THE FOLLOWING REMEDIES:

(I) A TEMPORARY RESTRAINING ORDER;

(II) A TEMPORARY OR PERMANENT INJUNCTION;

(III)   A DECLARATORY JUDGMENT;

(IV)   THE APPOINTMENT OF A RECEIVER OR CONSERVATOR FOR
THE DEFENDANT OR THE DEFENDANTS ASSETS;

(V)     A FREEZE OF THE DEFENDANT'S ASSETS;

(VI)   A CIVIL PENALTY UP TO A MAXIMUM AMOUNT OF $5,000 FOR
ANY SINGLE VIOLATION OF THIS SUBTITLE;

(VII)  RESTITUTION;
(VIII) RESCISSION; OR

(IX) ANY OTHER RELIEF AS THE COURT FINDS JUST.

(2) THE COMMISSIONER MAY NOT BE REQUIRED TO POST A BOND IN
ANY ACTION UNDER THIS SECTION.

14-111.

In connection with a hearing, investigation, or other proceeding under this subtitle,
the Commissioner may:

(1)     administer oaths;

(2)     receive evidence; and

(3)     issue subpoenas for the attendance of witnesses to testify or to produce
evidence.

- 4003 -

 

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Session Laws, 1996
Volume 794, Page 4003   View pdf image
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