Md. Code Regs. 19A.06.03.04

Current through Register Vol. 51, No. 12, June 14, 2024

Section 19A.06.03.04 - Revocation of Certification

A. The Commission shall maintain a continued assessment of the appropriateness of any approval of a trustee or certification of a trust. If, based on information obtained in review of records or from any other source, the Commission has reason to believe that continued approval or certification is no longer appropriate, it shall provide notice to the official or employee of the intention to revoke the approval or certification, and provide the official or employee an opportunity to be heard by the Commission in informal procedures consistent with the Commission's advisory opinion process as set forth in COMAR 19A.01.02.

B. Failure by any interested party or the trustee to comply with the provisions of these regulations or State Government Article, Title 15, Annotated Code of Maryland, if related to the trust, shall result in revocation of the certification and make the official or employee subject to any appropriate enforcement or other action for violation of the provisions of State Government Article, Title 15, Annotated Code of Maryland, from the point in time where the failure to comply occurred.