Bill number does not exist. Enter a vaild keyword.
Facebook Twitter Youtube Channels MY MGA

Statutes Text

Article - General Provisions


    (a)    The Board shall:

        (1)    receive, review, and, subject to § 4–1A–07 of this subtitle, resolve complaints filed under § 4–1A–05 of this subtitle from any applicant or the applicant’s designated representative alleging that a custodian charged an unreasonable fee under § 4–206 of this title;

        (2)    issue a written opinion as to whether a violation has occurred; and

        (3)    if the Board finds that the custodian charged an unreasonable fee under § 4–206 of this title, order the custodian to reduce the fee to an amount determined by the Board to be reasonable and refund the difference.

    (b)    The Board shall:

        (1)    study ongoing compliance with this title by custodians; and

        (2)    make recommendations to the General Assembly for improvements to this title.

    (c)    (1)    On or before October 1 of each year, the Board shall submit a report to the Governor and, subject to § 2–1257 of the State Government Article, the General Assembly.

        (2)    The report shall:

            (i)    describe the activities of the Board;

            (ii)    describe the opinions of the Board;

            (iii)    state the number and nature of complaints filed with the Board; and

            (iv)    recommend any improvements to this title.

Click to return on the top page