(a) The Commissioner may:
(1) (i) Bring a civil action for damages against a person that violates § 8–801 of the Criminal Law Article on behalf of a victim of the violation or, if the victim is deceased, the victim’s estate;
(ii) Recover damages under this subsection for property loss or damage; and
(iii) If the Commissioner prevails in an action brought under this paragraph, recover the costs of the action for the use of the Office of the Attorney General; and
(2) (i) Bring a civil action for damages on behalf of a susceptible adult or older adult who is authorized to bring a cause of action under § 13–603 of the Estates and Trusts Article; and
(ii) If the Commissioner prevails in an action brought under this paragraph, recover the costs of the action for the use of the Office of the Attorney General.
(b) A conviction for a violation of § 8–801 of the Criminal Law Article is not a prerequisite for maintenance of an action under subsection (a) of this section.
Structure Maryland Statutes
Title 11 - Maryland Securities Act
Subtitle 2 - Division of Securities
Section 11-201 - Administration of Title
Section 11-203 - Rules, Forms, and Orders
Section 11-204 - Hearings to Be Public
Section 11-205 - Filing of Sales and Advertising Literature
Section 11-206 - Administrative Files and Opinions
Section 11-207 - Use or Disclosure of Information
Section 11-208 - Securities Act Registration Fund
Section 11-209 - Action for Violation of 8-801 of Criminal Law Article