Home Table of Contents

§ 8-609. Fines and penalties

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 8. Entities that Act as Insurers
Subtitle 6. Viatical Settlement Providers and Viatical Settlement Brokers (Refs & Annos)
MD Code, Insurance, § 8-609
§ 8-609. Fines and penalties
Currentness
Instead of or in addition to suspending or revoking a registration, the Commissioner may:
(1) impose on the holder a penalty not exceeding $125,000 for each violation of this subtitle; and
(2) require the holder to make restitution to any person that has suffered financial injury because of the violation of this subtitle.

Credits

Added by Acts 2004, c. 275, § 1, eff. Oct. 1, 2004.
MD Code, Insurance, § 8-609, MD INSURANCE § 8-609
Current with legislation effective through October 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document