<?xml version='1.0' encoding='utf-8'?>
<section article="gbr" article_name="Business Regulation" number="8-411" title_number="8" title_name="Home Improvement" subtitle_number="4" subtitle_name="Home Improvement Guaranty Fund">
  <level label="a">
    <text>Except as provided in subsection (b) of this section, if the Commission pays a claim against the Fund based on an act or omission of a contractor, the Commission may suspend the contractor license until the contractor reimburses the Fund in full for:</text>
    <level label="1">
      <text>the amount paid from the Fund; and</text>
    </level>
    <level label="2">
      <text>interest on that amount at an annual rate of at least 10%, as set by the Commission.</text>
    </level>
  </level>
  <level label="b">
    <text>The Commission may not suspend the contractor license if the Commission finds that the contractor or management personnel of the contractor:</text>
    <level label="1">
      <text>did not know of the wrongful conduct; or</text>
    </level>
    <level label="2">
      <text>could not prevent the violation.</text>
    </level>
  </level>
  <level label="c">
    <text>Reimbursement of the Fund in full by a contractor, by itself, does not nullify or modify the effect of a disciplinary proceeding against a licensee.</text>
  </level>
</section>
