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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
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;
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;
C. The registrant is insolvent;
D. The registrant refuses to permit the administrator to make an examination authorized by this chapter; or
E. The registrant fails to respond within a reasonable time and in an appropriate manner to communications from the administrator.
Cite this article: FindLaw.com - Maine Revised Statutes Title 32. Professions and Occupations § 6182. Suspension or revocation of registration - last updated January 01, 2025 | https://codes.findlaw.com/me/title-32-professions-and-occupations/me-rev-st-tit-32-sect-6182/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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