Maryland Code, BUSINESS REGULATION 5-905
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Terms Used In Maryland Code, BUSINESS REGULATION 5-905
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(a) If the Director finds that a person has violated this subtitle or a regulation adopted under this subtitle, the Director may refer the matter to:
(1) the Attorney General for civil enforcement; or
(2) the appropriate State‘s Attorney for criminal prosecution.
(b) The Attorney General may sue for and a court may grant:
(1) injunctive or other equitable relief;
(2) imposition of a civil penalty not exceeding $5,000; or
(3) both.