Maryland Statutes
Subtitle 5 - Maryland Mortgage Lender Law
Section 11-516 - Order to Stop Doing Business

(a)    If the Commissioner finds that the conduct of any other business conceals a violation or evasion of this subtitle or of any rule or regulation adopted under this subtitle, or of any law regulating mortgage loan lending in the State, the Commissioner may issue a written order to a licensee to:
        (1)    Stop doing business at any place in which the other business is conducted or solicited; or
        (2)    Stop doing business in association or conjunction with the other business.
    (b)    A licensee who violates an order of the Commissioner issued under this section shall be subject to the penalties provided by § 11-517 of this subtitle.
    (c)    The Commissioner may file a petition in the circuit court for any county seeking enforcement of an order under this section.

Structure Maryland Statutes

Maryland Statutes

Financial Institutions

Title 11 - Consumer Credit

Subtitle 5 - Maryland Mortgage Lender Law

Section 11-501 - Definitions

Section 11-502 - Applicability

Section 11-503 - Rules and Regulations

Section 11-503.1 - Fee Regulations

Section 11-503.2 - Credit of Revenue From Licensing and Payment of Fines and Penalties Into Various Funds

Section 11-504 - License or Registration Requirement

Section 11-505 - Licenses and Licensees Generally

Section 11-506 - Qualifications for License

Section 11-506.1 - Exemptions From License Requirement; Fingerprinting

Section 11-507 - Applications for Licenses

Section 11-508 - Surety Bonds

Section 11-508.1 - Lender Net Worth Requirements

Section 11-509 - Investigation of Applicant; Issuance of License

Section 11-510 - Denial of License

Section 11-511 - Term and Renewal of Licenses

Section 11-511.1 - Continuing Education

Section 11-512 - Change of Place of Business; Change in Control

Section 11-512.1 - Information Posted by Licensee at Licensed Location and on Website -- Exclusion

Section 11-513 - Books and Records

Section 11-513.1 - Quarterly Call Reports

Section 11-514 - Surrender of License

Section 11-515 - Investigatory Powers and Duties of Commissioner; Complaints

Section 11-516 - Order to Stop Doing Business

Section 11-517 - Suspension or Revocation of License; Enforcement of Subtitle, Regulations, etc.; Employment of Mortgage Originators

Section 11-518 - Hearings

Section 11-519 - Reinstatement of Suspended License; Issuance of New License After Revocation

Section 11-520 - Trade Names

Section 11-521 - Independent Evidence of Commercial Purpose

Section 11-523 - Penalties

Section 11-524 - Short Title