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Session Laws, 2000
Volume 797, Page 2797   View pdf image
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PARRIS N. GLENDENING, Governor Ch. 522
(3) ANY OTHER INFORMATION REQUIRED BY THE DIRECTOR THROUGH
REGULATION.
4.5-507. (A) ON RECEIPT OF A CLAIM, THE DIRECTOR SHALL; (1) SEND A NOTICE OF THE CLAIM TO THE REGISTRANT THAT IS THE
SUBJECT OF THE CLAIM AT THE LAST KNOWN BUSINESS ADDRESS OF THE
REGISTRANT; AND
(2) REQUIRE THE REGISTRANT TO RESPOND TO THE CLAIM IN WRITING
WITHIN 10 DAY
S OF RECEIPT OF THE NOTICE REQUIRED UNDER ITEM (1) OF THIS
SUBSECTION. (B) (1) IF A CLAIMANT SUBMITS A FINAL JUDGMENT, A FINAL
ADMINISTRATIVE ORDER, AN ARBITRATION AWARD, OR A SETTLEMENT OR
CONCILIATION AGREEMENT, THE DIRECTOR SHALL HOLD A HEARING IF
: (I) A HEARING IS REQUESTED BY EITHER PARTY; OR (II) THE DIRECTOR DECIDES THAT A HEARING IS NECESSARY (2) IF A CLAIMANT SUBMITS A FINAL JUDGMENT, A FINAL
ADMINISTRATIVE ORDER, AN ARBITRATION AWARD, OR A SETTLEMENT OR
CONCILIATION AGREEMENT, THE DIRECTOR
SHALL DETERMINE: (I) THE AMOUNT OF THE ACTUAL LOSS; AND (II) WHETHER THE CLAIM HAS BEEN PAID. (C) (1) IF A CLAIM IS BASED ON THE CLAIMANTS INABILITY TO ACHIEVE
SERVICE OF PROCESS ON THE REGISTRANT, THE DIRECTOR
SHALL HOLD A HEARING. (2) IF A CLAIM IS BASED ON THE CLAIMANTS INABILITY TO ACHIEVE
SERVICE OF PROCESS ON THE REGISTRANT, THE DIRECTOR MUST DETERMINE; (I) WHETHER THE CLAIMANT'S EFFORT TO SERVE PROCESS ON
THE REGI
STRANT WAS REASONABLE; (II) WHETHER THE CLAIMANT SUFFERED AN ACTUAL LOSS; (III) THE AMOUNT OF THE ACTUAL LOSS; AND (IV) WHETHER THE CLAIM HAS BEEN PAID. (D) IN COLLECTING EVIDENCE REGARDING A CLAIM AGAINST THE GUARANTY
FUND, THE DIRECTOR
SHALL PROVIDE NOTICE AND HOLD ALL HEARINGS
ACCORDING TO TITLE 10, SUBTITLE 2 OF THE STATE GOVERNMENT ARTICLE.
(E) A CLAIMANT SHALL BEAR THE BURDEN OF PROOF AT A HEARING UNDER
THIS SECTION TO ESTABLISH THE REQUIRED ELEMENTS OF A SUCCESSFUL CLAIM.
(F) IN RESPONSE TO EACH CLAIM FILED, WHEN THE DECISION OF THE
DIRECTOR IS FINAL IN ACCORDANCE WITH TITLE 10, SUBTITLE 2 OF THE STATE
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Session Laws, 2000
Volume 797, Page 2797   View pdf image
 Jump to  
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