|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S.B. 830
|
|
|
|
|
|
VETOES
|
|
|
|
|
|
|
|
|
|
2-116.
(A) WHEN IT APPEARS TO THE COMMISSIONER THAT A PERSON IS ABOUT TO
ENGAGE IN AN ACT OR PRACTICE CONSTITUTING A VIOLATION OF A LAW,
REGULATION, RULE, OR ORDER OVER WHICH THE COMMISSIONER HAS
JURISDICTION, THE COMMISSIONER MAY BRING AN ACTION IN THE CIRCUIT COURT
OF THE COUNTY IN WHICH THE PERSON RESIDES OR TRANSACTS BUSINESS TO
OBTAIN ONE OR MORE OF THE FOLLOWING REMEDIES:
(1) A TEMPORARY RESTRAINING ORDER; OR
(2) A TEMPORARY OR PERMANENT INJUNCTION.
(B) WHEN IT APPEARS TO THE COMMISSIONER THAT A PERSON HAS ENGAGED
IN AN ACT OR PRACTICE CONSTITUTING A VIOLATION OF A LAW, REGULATION, RULE,
OR ORDER OVER WHICH THE COMMISSIONER HAS JURISDICTION, THE
COMMISSIONER MAY BRING AN ACTION IN THE CIRCUIT COURT OF THE COUNTY IN
WHICH THE PERSON RESIDES OR TRANSACTS BUSINESS TO OBTAIN ONE OR MORE OF
THE FOLLOWING REMEDIES:
(1) A TEMPORARY RESTRAINING ORDER;
(2) A TEMPORARY OR PERMANENT INJUNCTION;
(3) A CIVIL PENALTY UP TO A MAXIMUM AMOUNT OF $1,000 FOR A FIRST
VIOLATION AND A MAXIMUM AMOUNT OF $5,000 FOR A EACH SUBSEQUENT
VIOLATION;
(4) A DECLARATORY JUDGMENT;
(5) AN ORDER PREVENTING ACCESS TO THE VIOLATOR'S ASSETS;
(6) RESCISSION;
(7) RESTITUTION; AND
(8) ANY OTHER RELIEF AS THE COURT DEEMS JUST.
(C) THE COMMISSIONER MAY NOT BE REQUIRED TO POST A BOND IN AN
ACTION UNDER THIS SECTION.
11-215.
(A) Subject to the hearing provisions of § 11-217 of this subtitle, the
Commissioner may order a licensee OR ANY OTHER PERSON to cease and desist from
a course of conduct if the course of conduct results in an evasion or violation of the
Maryland Consumer Loan Law or of any rule or regulation adopted under it.
(B) (1) SUBJECT TO THE PROVISIONS OF PARAGRAPH (2) OF THIS
SUBSECTION, WHEN THE COMMISSIONER DETERMINES THAT A LICENSEE OR ANY
OTHER PERSON IS ABOUT TO ENGAGE IN AN ACT OR PRACTICE CONSTITUTING AN
EVASION OR VIOLATION OF THE MARYLAND CONSUMER LOAN LAW OR OF ANY RULE
OR REGULATION ADOPTED UNDER THE MARYLAND CONSUMER LOAN LAW. AND
THAT IMMEDIATE ACTION AGAINST THE LICENSEE OR PERSON IS IN THE PUBLIC
|
|
|
|
|
|
|
|
|
|
- 4186 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
