{"data":{"id":"us-md/md.-code-corporations-and-associations-11-512","jurisdiction":"us-md","citation":"Md. Code, Corporations and Associations § 11–512","heading":"","body":"(a) The Commissioner by order summarily may postpone or suspend the effectiveness of the registration statement pending final determination of any proceeding under § 11-511 of this subtitle.\n(b) On the entry of the order, the Commissioner promptly shall notify each person specified in § 11-513 of this subtitle:\n(1) That it has been entered;\n(2) The reasons for its entry; and\n(3) That within 15 days after the receipt of a written request the matter will be set down for hearing.\n(c) (1) If a hearing is not requested and one is not ordered by the Commissioner, the order will remain in effect until it is modified or vacated by the Commissioner.\n(2) If a hearing is requested or ordered, the Commissioner, after notice of and opportunity for hearing to each person specified in § 11-513 of this subtitle, may modify or vacate the order or extend it until final determination.","path":["Article - Corporations and Associations"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca\u0026section=11-512","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:43Z","sha256":"59bbffdc25dac3dec20dd652a9c2a48458fbd51deda7732174a962542edea7d4","source_id":"us-md","stale":false,"prev":"us-md/md.-code-corporations-and-associations-11-511","next":"us-md/md.-code-corporations-and-associations-11-513"},"notice":"GroundRules: Original legal text. Not legal advice."}