Maryland Statutes

§ 12-126

Maryland·Article gfi Financial Institutions·Title 12
(a)The Commissioner may impose a civil penalty against a person who violates this subtitle in an amount not exceeding:
(1)$10,000 for a first offense; and
(2)$25,000 for each subsequent offense.
(b)In determining the amount of civil penalty to be imposed under subsection (a) of this section, the Commissioner shall consider the following:
(1)The seriousness of the violation;
(2)The good faith of the violator;
(3)The violator’s history of previous violations;
(4)The deleterious effect of the violation on the public;
(5)The assets of the violator; and
(6)Any other factor relevant to the determination of the civil penalty.

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Nearby Sections

15
§ 12-1001
§ 12-1001
§ 12-1002
§ 12-1002
§ 12-1003
§ 12-1003
§ 12-1004
§ 12-1004
§ 12-1005
§ 12-1005
§ 12-1006
§ 12-1006
§ 12-1007
§ 12-1007
§ 12-1008
§ 12-1008
§ 12-1009
§ 12-1009
§ 12-101
§ 12-101
§ 12-1010
§ 12-1010
§ 12-1011
§ 12-1011
§ 12-1012
§ 12-1012
§ 12-1012.1
§ 12-1012.1
§ 12-1013
§ 12-1013
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