§ 11-608. Denial of application

MD Fin Inst Code § 11-608 (2019) (N/A)
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(a)    If the Commissioner denies an application, the Commissioner:

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

(2)    Shall keep the license fee and 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.