After providing notice, the Authority shall afford interested persons an opportunity to submit written data, views, or argument. If the Authority determines a hearing would be desirable with reference to a proposed regulation, it may afford interested parties the opportunity to submit evidence, subject to cross-examination by other interested parties and the Authority, and to make oral argument.

Authority: Financial Institutions Article, §13-708; State Government Article, §§10-123 and 10-304; Annotated Code of Maryland

Effective date: April 12, 1993 (20:7 Md. R. 642)