Subject to the provisions of subsection (b) of this section, the Commission may order summarily the suspension of the license of a licensee if the licensee: fails to account promptly for any money held in trust; on demand, fails to display to the Commission all records, books, and accounts of any money held in trust; has been convicted of a felony under the laws of the United States or of any state; or within 10 days after the conviction or within 10 days following release from incarceration as a result of the conviction, whichever is later, fails to disclose to the Commission that the licensee has been convicted of a felony under the laws of the United States or of any state. The Commission may order summarily a suspension under this section only if the Commission gives the licensee: written notice of the suspension and the finding on which the suspension is based; and after the summary suspension is effective, an opportunity to be heard promptly before the Commission or, as provided under § 17–326 of this subtitle, before a hearing board. A summary suspension ordered by the Commission under this section: may start immediately or at any later date, as set by the order; and shall continue until: the licensee complies with the conditions set forth by the Commission in its order; or the Commission orders a different disposition after a hearing held under this section. Rather than order summarily a suspension of a license under this section, the Commission may elect not to suspend the license until after the licensee is given an opportunity for a hearing. If the Commission elects to give the licensee an opportunity for a hearing before suspending the license for the grounds set forth in this section, the Commission shall give notice and hold the hearing in the same manner as required under § 17–324 of this subtitle.