§ 26-604

Maryland § 26-604

• Jurisdiction: Maryland
• Article ged: Education
• Title: 26

Text

(a) The Commissioner of Financial Regulation may enforce the provisions of this subtitle by exercising any of the powers provided under §§ 2–113 through 2–116 of the Financial Institutions Article.

(b) (1) The Commissioner of Financial Regulation may seek an injunction to prohibit a person who has engaged in or is engaging in a violation of this subtitle from engaging in or continuing to engage in the violation.

(2) The court may enter any order or judgment necessary to:

(i) Prevent the use by a person of a prohibited practice;

(ii) Restore to a person any money or real or personal property acquired from the person by means of a prohibited practice; or

(iii) Appoint a receiver in a case of a willful violation of this subtitle.

(3) In any action brought by the Commissioner of Financial Regulation under this subsection, the Commissioner is entitled to recover the costs of the action for the use of the State.

(c) The Commissioner of Financial Regulation may enforce the provisions of this subtitle by requiring a violator to take affirmative action to correct the violation, including the restitution of money or property to a person aggrieved by the violation.

(d) The Commissioner of Financial Regulation may:

(1) Investigate violations of this subtitle; and

(2) Aid any other unit of State government that has regulatory jurisdiction over the business activities of the violator.

(e) The Commissioner of Financial Regulation may cooperate in the investigation and prosecution of any violation of this subtitle with the Office of the Attorney General, the State’s Attorney, or any other unit of law enforcement.