A. Upon receiving a petition, the Administrator shall:
- (1) Review the petition;
- (2) Review the decision of the Authority that the petitioner disputes; and
- (3) Refer to the Authority for its consideration the petition and the results of the Administrator’s review.
B. Within 90 days of receipt by the Administrator of a petition, the Authority shall consider the petition at meeting of the Authority during which the Authority shall:
- (1) Review the petition;
- (2) Consider the results of the Administrator’s review of the petition;
- (3) Provide the petitioner an opportunity to address the Authority and present to the Authority any additional information or evidence that is relevant to the petition; and
(4) Make a determination to:
- (a) Alter, amend, or rescind the decision of the Authority; or
- (b) Deny the petition by affirming the decision of the Authority.
- C. The Administrator shall promptly send written notice to the petitioner of the Authority’s determination under §B(4) of this regulation.
D. The Authority’s minutes for a meeting during which it considers a petition shall include:
- (1) A summary of all oral statements and discussions concerning the petition;
- (2) A copy of all documents submitted to, received by, or considered by the Authority on the petition; and
- (3) The Authority’s determination on the petition.
Authority: Financial Institutions Article, §§13-1107(6), 13-1108(4)(ii), and 13-1124, Annotated Code of Maryland
Effective date: November 4, 2019 (46:22 Md. R. 978)