{"data":{"id":"us-md/md.-code-corporations-and-associations-11-414","jurisdiction":"us-md","citation":"Md. Code, Corporations and Associations § 11–414","heading":"","body":"(a) By order, the Commissioner may cancel a registration or application, if the Commissioner finds that the applicant or registrant:\n(1) Has abandoned the application;\n(2) Is no longer in existence;\n(3) Has ceased to do business as a broker-dealer, agent, investment adviser, or investment adviser representative;\n(4) Is subject to an adjudication of mental incompetence or the control of a committee, conservator, or guardian; or\n(5) Cannot be located after reasonable search.\n(b) The Commissioner may deem abandoned a notice filing that a federal covered adviser has filed under § 11-405 of this subtitle, if the Commissioner finds that the federal covered adviser:\n(1) Has abandoned the notice filing;\n(2) Is no longer in existence;\n(3) Has ceased to do business as a federal covered adviser;\n(4) Is subject to adjudication of mental incompetence or to the control of a committee, conservator, or guardian; or\n(5) Cannot be located after a reasonable search.","path":["Article - Corporations and Associations"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca\u0026section=11-414","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:43Z","sha256":"b202209dd91c5bc2add492ffdc3513bc4b61a0ad35c3f44c378a48250f120236","source_id":"us-md","stale":false,"prev":"us-md/md.-code-corporations-and-associations-11-413","next":"us-md/md.-code-corporations-and-associations-11-415"},"notice":"GroundRules: Original legal text. Not legal advice."}