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§ 26-502. Fines and penalties

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 26. Motor Clubs
Subtitle 5. Prohibited Acts; Penalties (Refs & Annos)
MD Code, Insurance, § 26-502
§ 26-502. Fines and penalties
Currentness
In general
(a) A person that willfully violates this title is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $1,000 or imprisonment not exceeding 1 year or both.
Additional penalties
(b) In addition to any other penalty provided in this title, the Commissioner after notice and hearing may impose on a licensee or representative for each violation of this title a penalty:
(1) not exceeding $25,000 for a licensee; or
(2) not exceeding $5,000 for a representative.
Restitution to citizens suffering financial injury
(c) Instead of or in addition to a penalty imposed under this section, the Commissioner may require that restitution be made to any citizen who has suffered financial injury because of a violation of this title.

Credits

Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997.
Formerly Art. 48B, § 11.
MD Code, Insurance, § 26-502, MD INSURANCE § 26-502
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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