Maine Revised Statutes

§6182. Suspension or revocation of registration

1. Suspension or revocation.  After notice and hearing, the administrator may suspend or revoke a debt management service provider's registration if the administrator finds that one of the conditions of subsection 2 is met.
[ 1999, c. 560, §3 (NEW) .]
2. Conditions for suspension or revocation.  The following conditions are grounds for suspension or revocation of a registration:
A. A fact or condition exists that, if it had existed at the time when the registrant applied for registration, would have been grounds for denying the application; [1999, c. 560, §3 (NEW).]
B. The registrant knowingly violates a material provision of this chapter or rule or order validly adopted by the administrator under authority of this chapter; [1999, c. 560, §3 (NEW).]
C. The registrant is insolvent; [1999, c. 560, §3 (NEW).]
D. The registrant refuses to permit the administrator to make an examination authorized by this chapter; or [1999, c. 560, §3 (NEW).]
E. The registrant fails to respond within a reasonable time and in an appropriate manner to communications from the administrator. [1999, c. 560, §3 (NEW).]
[ 1999, c. 560, §3 (NEW) .]
SECTION HISTORY
1999, c. 560, §3 (NEW).