2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 11-614 - Order to stop operations


MD Fin Inst Code § 11-614 (2013) What's This?

§11-614.

(a) If the Commissioner finds that the conduct of any other business conceals a violation or evasion of this subtitle or any rule or regulation adopted under this subtitle, or any law regulating mortgage lending or mortgage origination in the State, the Commissioner may issue a written order to a licensee to stop doing business:

(1) At any place in which the other business is conducted or solicited; or

(2) In association or conjunction with the other business.

(b) A licensee who violates an order of the Commissioner issued under this section shall be subject to the penalties provided by § 11-615 of this subtitle.

(c) The Commissioner may file a petition in the circuit court for a county seeking enforcement of an order under this section.

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