(a) Subject to the hearing provisions of § 12–123 of this subtitle, the Commissioner may suspend or revoke the license of any licensee or registration of any registrant if the licensee or registrant, or any owner, director, officer, member, partner, stockholder, employee, or agent of the licensee or registrant:
(1) Makes any material misstatement in an application for a license or registration;
(2) Is convicted under the laws of the United States or of any other state of:
(i) A felony; or
(ii) A misdemeanor that is directly related to the fitness and qualification of the person to provide check cashing services;
(3) In connection with any check cashing service:
(i) Commits any fraud;
(ii) Engages in any illegal or dishonest activities; or
(iii) Misrepresents or fails to disclose any material facts to anyone entitled to that information;
(4) Violates any provision of this subtitle or any rule or regulation adopted under this subtitle, or any other law regulating check cashing services in the State; or
(5) Otherwise demonstrates unworthiness, bad faith, dishonesty, or any other quality that indicates that the business of the licensee or registrant has not been or will not be conducted honestly, fairly, equitably, and efficiently.
(b) In determining whether the license of the licensee or registration of the registrant should be suspended or revoked for a reason listed in subsection (a)(2) of this section, the Commissioner shall consider:
(1) The nature of the crime;
(2) The relationship of the crime to the activities authorized by the license or registration;
(3) With respect to a felony, the relevance of the conviction to the fitness and qualification of the licensee or registrant to provide check cashing services;
(4) The length of time since the conviction; and
(5) The behavior and activities of the licensee or registrant since the conviction.
Structure Maryland Statutes
Title 12 - Miscellaneous Institutions and Activities
Subtitle 1 - Check Cashing Services
Section 12-102 - Applicability of Subtitle -- in General
Section 12-103 - Applicability of Subtitle -- Exempt Entities
Section 12-105 - Licensing -- in General
Section 12-105.1 - Check Cashing Services by Annually Registered Business -- Requirements
Section 12-106 - Licensing -- Qualifications
Section 12-107 - Licensing -- Fingerprints; Criminal History Records Check
Section 12-107.1 - Confidentiality of Information
Section 12-108 - Licensing -- Applications
Section 12-109 - Licensing -- Application Investigation; Approval or Denial
Section 12-110 - Licensing -- Contents and Scope; More Than One License
Section 12-110.1 - Surrender of License
Section 12-111 - Licensing -- Term, Expiration, and Renewal
Section 12-112 - Licensing -- Transfer and Display
Section 12-113 - Change of Location
Section 12-114 - Books and Records -- Retention
Section 12-115 - Books and Records -- Investigation of Records
Section 12-116 - Endorsement of Payment Instrument
Section 12-117 - Compliance With Federal and State Laws
Section 12-118 - Posting of Fees
Section 12-119 - Payment of Instrument; Forms of Customer Identification
Section 12-120 - Maximum Fees; Membership Fee
Section 12-121 - Cease and Desist Orders
Section 12-122 - Suspension and Revocation of License
Section 12-123 - Notice and Hearing Requirements
Section 12-124 - Report of Alleged Criminal Violation
Section 12-125 - Criminal Penalties
Section 12-126 - Civil Penalties
Section 12-127 - Action for Damages or Injunctive Relief; Award Amounts