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hearing if the person requesting the hearing fails to appear.__ If | | a hearing is requested or ordered, the administrator, after notice | | of and opportunity for hearing to each person subject to the order, | | may modify or vacate the order or extend it until final | | determination. |
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| | | 3.__Procedure for final order.__If a hearing is requested or | | ordered pursuant to subsection 2, a hearing must be held pursuant | | to the Maine Administrative Procedure Act. A final order may not | | be issued unless the administrator makes findings of fact and | | conclusions of law in a record in accordance with the Maine | | Administrative Procedure Act. The final order may make final, | | vacate or modify the order issued under subsection 1. |
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| | | 4.__Civil fine; final orders and remedies. In a final order | | under subsection 3, the administrator may: order remedies | | described in subsection 1; censure that person; bar that person | | from association with any issuer, broker-dealer or investment | | adviser in this State; or impose a civil fine not to exceed | | $5,000 per violation. |
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| | | 5.__Costs.__In a final order, the administrator may charge the | | actual cost of an investigation or proceeding for a violation of | | this chapter or a rule adopted or order issued under this | | chapter. |
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| | | 6.__Filing of certified final order with court; effect of | | filing.__If a petition for judicial review of a final order is | | not filed in accordance with section 16609, the administrator may | | file a certified copy of the final order with the clerk of a | | court of competent jurisdiction. The order so filed has the same | | effect as a judgment of the court and may be recorded, enforced | | or satisfied in the same manner as a judgment of the court. |
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| | | 7.__Enforcement by court; further civil fine.__If a person | | does not comply with an order under this section, the | | administrator may request that the Attorney General petition a | | court of competent jurisdiction to enforce the order. The court | | may not require the administrator to post a bond in an action or | | proceeding under this section. If the court finds, after service | | and opportunity for hearing, that the person was not in | | compliance with the order, the court may adjudge the person in | | contempt of the order. The court may impose a further civil fine | | against the person for contempt in an amount not to exceed | | $10,000 per violation and may grant any other relief the court | | determines is just and proper in the circumstances. |
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| | | 8.__Appointment of presiding officer.__For purposes of any | | hearing conducted pursuant to this section, the administrator may | | appoint a qualified person to preside at the hearing and to make |
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