(a) If an application for a certificate of authority is denied, the notification of the denial shall:
(1) Be in writing; and
(2) State the applicant’s right to a hearing held in accordance with the Administrative Procedure Act.
(b) An applicant who seeks a hearing on an application denial shall file a written request for a hearing within 30 days following receipt of the notice of the applicant’s right to a hearing.
Structure Maryland Statutes
Title 7 - Credit Union Share Insurance
Subtitle 2 - Credit Union Share Guaranty Corporations
Section 7-203 - Certificate of Authority Required
Section 7-204 - Insuring Share and Deposit Accounts
Section 7-205 - Certificate of Authority -- Qualifications; Limitations
Section 7-206 - Certificate of Authority -- Applications
Section 7-207 - Certificate of Authority -- Approval
Section 7-208 - Certificate of Authority -- Denial; Request for Hearing
Section 7-209 - Certificate of Authority -- Suspension or Revocation
Section 7-210 - Examinations and Investigations
Section 7-211 - Payment of Expenses; Assessments
Section 7-213 - Exchange of Information
Section 7-214 - Contracts With Participating Credit Unions
Section 7-215 - Notice to Commissioner
Section 7-217 - Reserves for Guaranty Losses
Section 7-218 - Liquidation and Receivership
Section 7-219 - Termination of Participation
Section 7-220 - Violations; Penalty
Section 7-221 - State Not Liable for Payment of Funds
Section 7-222 - Insurance Article Not Applicable