Section 18-313.1 - Monetary penalties.

§ 18-313.1. Monetary penalties.
 

(a)  In general.- If, after a hearing under § 18-315 of this subtitle, the Board finds that there are grounds under § 18-313 of this subtitle to suspend or revoke a license or to reprimand a licensee, the Board may impose a monetary penalty not exceeding $10,000: 

(1) Instead of suspending the license; or 

(2) In addition to suspending or revoking the license. 

(b)  Regulatory authority.- The Board shall adopt regulations to set standards for the imposition of monetary penalties under this section. 

(c)  Disposition of collected moneys.- The Board shall pay any penalty collected under this section into the General Fund of the State. 
 

[1999, ch. 112.]