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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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FINANCIAL INSTITUTIONS |
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TITLE 12. MISCELLANEOUS INSTITUTIONS AND ACTIVITIES |
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SUBTITLE 1. CHECK CASHING SERVICES |
§ 12-126. Civil penalties
Latest version.
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(a) Amount. -- The Commissioner may impose a civil penalty against a person who violates this subtitle in an amount not exceeding:
(1) $ 1,000 for a first offense; and
(2) $ 5,000 for each subsequent offense.
(b) Factors. -- In determining the amount of civil penalty to be imposed under subsection (a) of this section, the Commissioner shall consider the following:
(1) The seriousness of the violation;
(2) The good faith of the violator;
(3) The violator's history of previous violations;
(4) The deleterious effect of the violation on the public;
(5) The assets of the violator; and
(6) Any other factor relevant to the determination of the civil penalty.