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Code · Maryland · Business Regulation

§ 7-308

236 words·~1 min read·/md/business-regulation/7-308

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§7–308.
(a)Subject to the hearing provisions of § 7–309 of this subtitle, the Board may reprimand a licensee or suspend or revoke a license if the licensee or any owner, director, officer, member, partner, or agent of the licensee:
(1)makes any material misstatement in an application for a license;
(2)is convicted under the laws of the United States or of any state of:
(i)a felony; or
(ii)a misdemeanor that is directly related to the fitness and qualification of the person to engage in the collection agency business;
(3)in connection with the collection of any consumer claim:
(i)commits any fraud; or
(ii)engages in any illegal or dishonest activities;
(4)knowingly or negligently violates the Maryland Consumer Debt Collection Act; or
(5)fails to comply with a lawful order that the Board passes under this title.
(b)In determining whether to reprimand a licensee or to suspend or revoke a license for a reason described in subsection (a)(2) of this section, the Board shall consider:
(1)the nature of the crime;
(2)the relationship of the crime to the activities authorized by the license;
(3)with respect to a felony, the relevance of the conviction to the fitness and qualification of the licensee to engage in the collection agency business;
(4)the length of time since the conviction; and
(5)the behavior and activities of the licensee since the conviction.
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