(a) Subject to the hearing provisions of § 7–309 of this subtitle, the Board may reprimand a licensee or suspend or revoke a license if the licensee or any owner, director, officer, member, partner, or agent of the licensee:
(1) makes any material misstatement in an application for a license;
(2) is convicted under the laws of the United States or of any state of:
(i) a felony; or
(ii) a misdemeanor that is directly related to the fitness and qualification of the person to engage in the collection agency business;
(3) in connection with the collection of any consumer claim:
(i) commits any fraud; or
(ii) engages in any illegal or dishonest activities;
(4) knowingly or negligently violates the Maryland Consumer Debt Collection Act; or
(5) fails to comply with a lawful order that the Board passes under this title.
(b) In determining whether to reprimand a licensee or to suspend or revoke a license for a reason described in subsection (a)(2) of this section, the Board shall consider:
(1) the nature of the crime;
(2) the relationship of the crime to the activities authorized by the license;
(3) with respect to a felony, the relevance of the conviction to the fitness and qualification of the licensee to engage in the collection agency business;
(4) the length of time since the conviction; and
(5) the behavior and activities of the licensee since the conviction.