<?xml version='1.0' encoding='utf-8'?>
<section article="gfi" article_name="Financial Institutions" number="11-415" title_number="11" title_name="Consumer Credit" subtitle_number="4" subtitle_name="Sales Finance Companies -- Licensing Provisions">
  <level label="a">
    <text>Before the Commissioner takes any action under § 11-414 of this subtitle, the Commissioner shall give the licensee an opportunity for a hearing before the Commissioner.</text>
  </level>
  <level label="b">
    <text>Notice of the hearing shall be given and the hearing shall be held in accordance with the Administrative Procedure Act.</text>
  </level>
  <level label="c">
    <text>The hearing notice to be given to the licensee shall be sent by certified mail, return receipt requested, bearing a postmark from the United States Postal Service, to the principal place of business of the licensee in this State at least 10 days before the hearing.</text>
  </level>
  <level label="d">
    <text>An order suspending or revoking a license shall state the grounds on which it is based and is not effective until 10 days after written notice of the order is sent to the licensee by certified mail, return receipt requested, bearing a postmark from the United States Postal Service, to the principal place of business of the licensee in this State.</text>
  </level>
  <level label="e">
    <text>The Commissioner shall adopt rules and regulations for:</text>
    <level label="1">
      <text>The conduct of hearings; and</text>
    </level>
    <level label="2">
      <text>The form of findings and orders.</text>
    </level>
  </level>
</section>
