Maryland Code, FINANCIAL INSTITUTIONS 12-126

Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
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

(a) The Commissioner may impose a civil penalty against a person who violates this subtitle in an amount not exceeding:

(1) $10,000 for a first offense; and

(2) $25,000 for each subsequent offense.

(b) In determining the amount of civil penalty to be imposed under subsection (a) of this section, the Commissioner shall consider the following:

(1) The seriousness of the violation;

(2) The good faith of the violator;

(3) The violator’s history of previous violations;

(4) The deleterious effect of the violation on the public;

(5) The assets of the violator; and

(6) Any other factor relevant to the determination of the civil penalty.