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§ 14-605. Denial, refusal to renew, suspension or revocation of registration

West's Annotated Code of MarylandInsuranceEffective: October 1, 2007

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 14. Entities that Act as Health Insurers
Subtitle 6. Discount Medical Plan Organizations and Discount Drug Plan Organizations (Refs & Annos)
Effective: October 1, 2007
MD Code, Insurance, § 14-605
§ 14-605. Denial, refusal to renew, suspension or revocation of registration
Currentness
Grounds for discipline
(a) Subject to the hearing provisions of Title 2 of this article, the Commissioner may deny a registration to an applicant or refuse to renew, suspend, or revoke the registration of a registrant if the applicant or registrant, or an officer, director, or employee of the applicant or registrant:
(1) makes a material misstatement or misrepresentation in an application for registration;
(2) fraudulently or deceptively obtains or attempts to obtain a registration for the applicant or registrant or for another;
(3) has been convicted of a felony or of a misdemeanor involving moral turpitude;
(4) in connection with the administration of a discount medical plan or discount drug plan, commits fraud or engages in illegal or dishonest activities;
(5) has violated any provision of this subtitle or a regulation adopted under it;
(6) provides a false, falsely disparaging, or misleading oral or written statement, visual description, or other representation of any kind that has the capacity, tendency, or effect of deceiving or misleading consumers;
(7) makes a representation that a discount medical plan or discount drug plan has a sponsorship, approval, characteristic, use, or benefit that it does not have;
(8) has violated § 13-301 of the Commercial Law Article; or
(9) fails to maintain on file with the Commissioner a current list of the persons authorized to sell, market, or solicit a discount medical plan or discount drug plan established by the applicant or the registrant.
Regulatory power of Commissioner
(b) This section does not limit any regulatory power of the Commissioner under Title 2 of this article.

Credits

Added by Acts 2007, c. 629, § 1, eff. Oct. 1, 2007.
MD Code, Insurance, § 14-605, MD INSURANCE § 14-605
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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