Maryland § 11-702

Full text of Maryland Maryland Code § 11-702, with citation guidance and answers to common questions.

§ 11-702.

    (a)    Whenever it appears to the Commissioner that any person is about to engage in any act or practice constituting a violation of any provision of this title or any rule or order under this title or that the person is about to knowingly or recklessly provide substantial assistance to another person in connection with an act, a practice, or a course of business constituting a violation of this title or a rule adopted or an order issued under this title, he may in his discretion bring an action to obtain 1 or more of the following remedies:

        (1)    A temporary restraining order; or

        (2)    A temporary or permanent injunction.

    (b)    Whenever it appears to the Commissioner that any person has engaged in any act or practice constituting a violation of any provision of this title or any rule or order under this title or that a person has knowingly or recklessly provided substantial assistance, is knowingly or recklessly providing substantial assistance, or is about to knowingly or recklessly provide substantial assistance to another person in connection with an act, a practice, or a course of business constituting a violation of this title or a rule adopted or an order issued under this title, the Commissioner may in the Commissioner’s discretion bring an action to obtain one or more of the following remedies:

        (1)    A temporary restraining order;

        (2)    A temporary or permanent injunction;

        (3)    A civil penalty up to a maximum amount of $5,000 for any single violation of this title;

        (4)    A declaratory judgment;

        (5)    The appointment of a receiver or conservator for the defendant or the defendant’s assets;

        (6)    A freeze of the defendant’s assets;

        (7)    Rescission;

        (8)    Restitution;

        (9)    Disgorgement;

        (10)    Payment of prejudgment and postjudgment interest; and

        (11)    Any other relief as the court deems just.

    (c)    An action under this section is not subject to the provisions of § 5–107 of the Courts and Judicial Proceedings Article.

    (d)    The Commissioner may not be required to post a bond in any action under this section.

Frequently Asked Questions About Maryland § 11-702

What does Maryland Code § 11-702 cover?

Section 11-702 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Maryland § 11-702?

A common citation format is "Maryland Code § 11-702" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Maryland law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.

How does Maryland § 11-702 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.