Ch. 375                                    2003 LAWS OF MARYLAND

BEING INVESTIGATED SHALL PAY ALL REASONABLY INCURRED COSTS OF AN THE
INVESTIGATION CONDUCTED UNDER THIS SECTION.

(D) (1) IF A 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.

12-924.

(A)     THE COMMISSIONER MAY CONDUCT AN ON-SITE EXAMINATION OF A
LICENSEE WITH OR WITHOUT PRIOR NOTICE.

(B)     THE LICENSEE SHALL PAY ALL REASONABLY INCURRED COSTS OF
DIRECTLY RELATED TO AN EXAMINATION CONDUCTED UNDER THIS SECTION,
INCLUDING THE TRAVEL EXPENSES, LODGING EXPENSES,. AND A PER DIEM FOR
EXAMINERS.

(C)     AN ON-SITE EXAMINATION MAY BE CONDUCTED IN CONJUNCTION WITH
AN EXAMINATION PERFORMED BY A REPRESENTATIVE OF A RESPONSIBLE
SUPERVISORY AGENCY OF ANOTHER STATE.

(D)     (1) THE COMMISSIONER IN LIEU OF AN ON-SITE EXAMINATION, MAY
ACCEPT THE EXAMINATION REPORT OF A RESPONSIBLE SUPERVISORY AGENCY OF
ANOTHER STATE.

(2) A REPORT ACCEPTED UNDER PARAGRAPH (1) OF THIS SUBSECTION IS
CONSIDERED FOR ALL PURPOSES AS AN OFFICIAL REPORT OF THE COMMISSIONER

(E)     THE COMMISSIONER MAY:

(1)      EXAMINE ALL BOOKS, ACCOUNTS, AND RECORDS THAT THE
COMMISSIONER DETERMINES ARE NECESSARY TO CONDUCT A COMPLETE
EXAMINATION, INCLUDING THE BOOKS, ACCOUNTS, AND RECORDS IN THE
POSSESSION OF A SUBSIDIARY, AFFILIATE, OR OTHER PERSON THAT RELATE TO THE
OPERATION OF AND SERVICES PROVIDED BY THE LICENSEE'S DEBT MANAGEMENT
SERVICES BUSINESS; AND

(2)      EXAMINE UNDER OATH ANY OWNER, OFFICER, DIRECTOR
PRINCIPAL, AND EMPLOYEE OF THE LICENSEE OR ANY OTHER INDIVIDUAL WHO MAY
PROVIDE INFORMATION ON BEHALF OF THE LICENSEE.

12-925.

A LICENSEE SHALL INCLUDE IN ANY ADVERTISEMENT THE LICENSEE'S DEBT
MANAGEMENT SERVICES LICENSE NUMBER

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