Md. Code, Agriculture § 13–208

The Secretary may refuse to issue a license or may suspend or revoke a license for:

(1) Fraudulent or deceptive statements on an application for a license;

(2) Failure to comply with any of the provisions of this subtitle or the rules or regulations adopted pursuant to it; or

(3) Failure to maintain adequate insurance on all grain received into the physical control or possession of the grain dealer.