32 M.R.S. §6182: Suspension or revocation of registration

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.