Maryland § 12-631
Full text of Maryland Maryland Code § 12-631, with citation guidance and answers to common questions.
§ 12-631.
(a) If a complaint for violation of any provision of Part II of this subtitle is filed with the Commissioner of Financial Regulation, he may investigate the complaint and hold a hearing on it in accordance with § 11-413 of the Financial Institutions Article.
(b) The Commissioner shall give to the person complained against at least ten days’ written notice of the complaint and the time and place of any hearing. The notice shall be in writing and sent by registered or certified mail to his principal place of business.
(c) (1) If, after the hearing, the Commissioner finds that a person has engaged or is engaging in any act or practice prohibited by Part II of this subtitle, he shall order the person to cease and desist from the act or practice.
(2) The order of the Commissioner shall comply with the Administrative Procedure Act.
(d) (1) If no appeal is filed, the order becomes final after expiration of the time allowed by the Administrative Procedure Act for appeals from the Commissioner’s order.
(2) If an appeal is filed, the order becomes final after final decision of the court affirming the order or dismissing the appeal.
(e) For the purposes of this section, the Commissioner’s order may not apply to any:
(1) Incorporated bank, savings institution, or trust company;
(2) A savings and loan association; or
(3) A federal credit union or State chartered credit union.
Frequently Asked Questions About Maryland § 12-631
What does Maryland Code § 12-631 cover?
Section 12-631 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 § 12-631?
A common citation format is "Maryland Code § 12-631" (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 § 12-631 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.