Section 10-478 - Commencement of delinquency proceedings.

§ 10-478. Commencement of delinquency proceedings.
 

(a)  Application for show cause order.- The Secretary shall commence a delinquency proceeding against a provider by applying to the court for an order that directs the provider to show cause why the court should not grant the relief requested. 

(b)  Action by court.-  

(1) The court may consider an application for commencement of a delinquency proceeding only if the application is filed by the Secretary in the name of the State. 

(2) After a hearing under the terms of the show cause order, the court: 

(i) shall grant or deny the application; and 

(ii) may order other relief as the nature of the case and the interests of the creditors, stockholders, members, subscribers, or the public may require. 
 

[An. Code 1957, art. 70B, § 20F; 2007, ch. 3, § 2.]