The required reporting under this regulation applies to a legal action whether in Maryland or another jurisdiction. Notification. A licensee or its parent, affiliate, or any subsidiary shall notify and provide a description to the Administration within 30 days of any of the following events: The filing of any administrative, civil, or criminal action against the licensee or its parent, affiliate, or subsidiary by any governmental entity, private entity, or individual; The disposition of any administrative, civil, or criminal action against the licensee or its parent, affiliate, or subsidiary by any governmental entity, private entity, or individual, whether by judgment, final order, consent order, or other negotiated resolution; or The filing for bankruptcy of the licensee or its parent, affiliate, or subsidiary, the entry of a court order for the placement into receivership, or the date of an assignment for the benefit of creditors. An individual with ownership interest or control greater than 5 percent shall notify and provide a description to the Administration within 30 days of any of the following events: The filing for bankruptcy of the licensee or its parent, affiliate, or subsidiary, the entry of a court order for the placement into receivership, or the date of an assignment for the benefit of creditors; or An owner’s conviction of or plea of nolo contendere to a crime involving moral turpitude whether or not any appeal or other proceeding is pending to have the conviction or plea set aside. The notification and description of the event required under §B(1) and (2) of this regulation shall be provided to the Administration within 14 calendar days after receiving: Proper service of process in accordance with the rules of civil or criminal procedure of a court of competent jurisdiction; or Formal written notice in accordance with the administrative rules of an administrative agency with jurisdiction. The description under §B(3) of this regulation shall include the following: Title and docket number; Name and location of the court; Names of the parties; General nature and scope of the legal action; and Any judgment, final order, consent order, or other negotiated resolution.