Maryland Financial Institutions Section 11-608

      (a)      If the Commissioner denies an application, the Commissioner:

            (1)      Within 10 days, shall notify the applicant, in writing, of the denial;

            (2)      Shall refund the license fee; and

            (3)      Shall keep the investigation fee.

      (b)      Within 30 days after the Commissioner denies an application, the Commissioner shall:

            (1)      Issue a written decision containing the specific factual findings and conclusions of law on which the denial was based;

            (2)      Send a copy of the written decision by certified mail to the applicant; and

            (3)      Advise the applicant by certified mail of the applicant's right to a hearing to be held in accordance with the Administrative Procedure Act.

      (c)      An applicant who seeks a hearing on an application denial shall file with the Commissioner's office a written request for a hearing within 45 days after receipt of the Commissioner's written decision and notice of the applicant's right to a hearing.