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Code · Maryland · Financial Institutions

§ 12-428

107 words·~1 min read·/md/financial-institutions/12-428

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§12–428.
(a)Before the Commissioner denies an application for a license under § 12-409 of this subtitle or takes any action under § 12-426 of this subtitle, the Commissioner shall give the applicant or licensee an opportunity for a hearing.
(b)Notice of the hearing shall be given and the hearing shall be held in accordance with the Administrative Procedure Act.
(c)For a hearing on the proposed suspension or revocation of a license, the hearing notice to be given to the licensee shall be sent by registered or certified mail at least 15 days before the hearing to the place of business stated in the license.
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