Md. Code, Financial Institutions § 11–608

(a) If the Commissioner denies an application, the Commissioner:

(1) Within 10 days, shall notify the applicant, in writing, of the denial; and

(2) Shall keep the license fee and the investigation fee.

(b) Within 30 days after the Commissioner denies an application, the Commissioner shall:

(1) Issue a written decision containing the specific factual findings and conclusions of law on which the denial was based;

(2) Send a copy of the written decision by certified mail to the applicant; and

(3) Advise the applicant by certified mail of the applicant’s right to a hearing to be held in accordance with the Administrative Procedure Act.

(c) An applicant who seeks a hearing on an application denial shall file with the Commissioner’s office a written request for a hearing within 45 days after receipt of the Commissioner’s written decision and notice of the applicant’s right to a hearing.