Md. Code, Business Occupations and Professions § 17-412
This is the official text of Md. Code, Business Occupations and Professions § 17-412, part of Maryland’s Code, Business Occupations and Professions — governs professional and occupational licensing.
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§17–412.
Official statutory text
(a) If the Commission orders payment by the Guaranty Fund of a claim based on an act or omission for which a licensee is responsible, the Commission immediately and without further proceedings shall suspend the license of the licensee.
(b) The Commission may not reinstate a license that is suspended under this section until the individual whose license was suspended:
(1) repays in full:
(i) the amount paid by the Guaranty Fund; and
(ii) the interest due under § 17-411(a)(2) of this subtitle; and
(2) applies to the Commission for reinstatement of the license.
(c) Regardless of whether the disciplinary sanction was imposed for the same act or omission that gave rise to the claim against the Guaranty Fund, the reimbursement of the Guaranty Fund by a licensee does not affect any sanction imposed by the Commission against an individual under the disciplinary provisions of Subtitle 3 of this title.
(b) The Commission may not reinstate a license that is suspended under this section until the individual whose license was suspended:
(1) repays in full:
(i) the amount paid by the Guaranty Fund; and
(ii) the interest due under § 17-411(a)(2) of this subtitle; and
(2) applies to the Commission for reinstatement of the license.
(c) Regardless of whether the disciplinary sanction was imposed for the same act or omission that gave rise to the claim against the Guaranty Fund, the reimbursement of the Guaranty Fund by a licensee does not affect any sanction imposed by the Commission against an individual under the disciplinary provisions of Subtitle 3 of this title.
Status: in_force · Read it on the official government site
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