Section 15-607 - Refusal, suspension, or revocation of license.
§ 15-607. Refusal, suspension, or revocation of license.
(a) In general.- In addition to the other grounds specified in Subtitle 1 of this title for refusal, suspension, or revocation of a license, the Administration may refuse to grant a license under this subtitle to any person and may suspend, revoke, or refuse to renew the license of any person if it finds that:
(1) The person, his management personnel, or any other person who has a direct or indirect financial interest in the title service agency is untrustworthy, lacks competence, or has been convicted by final judgment in any court of a crime of moral turpitude; or
(2) The title service agency transactions of the person with the Administration have been marked by fraud or bad faith.
(b) Payment of fine.- As to any person licensed under this subtitle, instead of or in addition to revocation, suspension, or refusal to renew a license under this section, the Administration may order the licensee to pay a fine not exceeding $1,000 for each violation of this subtitle.
[An. Code 1957, art. 661/2, § 5-808; 1977, ch. 14, § 2; 1999, ch. 18.]