US Lawyer Database

Section 13-211 – Insurance

    (a)    Each person licensed under the provisions of this subtitle shall insure and at all times keep insured, in his own name or as a coinsurer, all of the grain in the actual, physical control of the licensee.     (b)    The amount of the insurance shall be the fair market value of the grain.     (c)    The insurance shall include […]

Section 13-212 – Financial Statement and Bond

    (a)    A license may not be issued or renewed under this subtitle until the applicant has:         (1)    (i)    Filed with the Secretary a financial statement, as provided in subsection (b) of this section, establishing the net worth of the applicant’s grain business; or             (ii)    Posted a surety bond, irrevocable letter of credit, or cash guaranty at least as large […]

Section 13-215 – Injunctions

    The Attorney General may seek an injunction to prohibit a person who has engaged or is engaging in a violation of this subtitle from continuing or engaging in the violation.

Section 13-216 – Civil Penalty

    (a)    Instead of or in addition to suspension or revocation of a license under this subtitle, the Secretary may impose a civil penalty of not more than $5,000.     (b)    A penalty collected by the Secretary under this section shall be paid into the Administration Fund as provided by § 13-205 of this subtitle.     (c)    The Secretary shall adopt […]

Section 14-101 – Definitions

    (a)    In this title the following words have the meanings indicated.     (b)    “Fund” means the Hemp Farming Fund established under § 14–304 of this title.     (c)    (1)    “Hemp” means the plant Cannabis sativa L. and any part of that plant, including all derivatives, extracts, cannabinoids, isomers, acids, salts, and salts of isomers, whether growing or not, with a delta–9–tetrahydrocannabinol […]