§ 11-308. Denials, reprimands, suspensions, and revocations -- Grounds; penalty

   (a) In general. -- Subject to the hearing provisions of § 11-309 and 11-310 of this subtitle, the Commission may deny a license to an applicant or discipline a licensee in accordance with this section.

(b) Denials. -- The Commission may deny a license to any applicant for any reason that the Commission considers sufficient.

(c) Reprimands, suspensions, and revocations. --

   (1) The Commission may reprimand any licensee or suspend or revoke a license if the licensee violates:

      (i) this title;

      (ii) a regulation adopted under this title; or

      (iii) a condition set by the Commission.

   (2) The Commission shall suspend or revoke a license if the applicant or licensee fails to:

      (i) keep records and make reports of ownership of stock that are required under § 11-314 of this subtitle; or

      (ii) make a reasonable effort to get affidavits required under § 11-314(b) and (c) of this subtitle.

(d) Penalty. --

   (1) The Commission may impose a penalty not exceeding $ 5,000 for each racing day that the licensee is in violation of subsection (c) of this section:

      (i) instead of suspending or revoking a license under subsection (c)(1) of this section; and

      (ii) in addition to suspending or revoking a license under subsection (c)(2) of this section.

   (2) To determine the amount of the penalty imposed under paragraph (1) of this subsection, the Commission shall consider:

      (i) the seriousness of the violation;

      (ii) the harm caused by the violation; and

      (iii) the good faith or lack of good faith of the licensee.

   (3) A penalty imposed on a licensee shall be paid from the licensee's share of the takeout.

HISTORY: An. Code 1957, art. 78B, § 7, 10, 13; 1992, ch. 4, § 2; ch. 504.