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§ 28-107. Fines and penalties for violation of title

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 28. Holocaust Victims Insurance Act (Refs & Annos)
MD Code, Insurance, § 28-107
§ 28-107. Fines and penalties for violation of title
In general
(a) In addition to any other penalty authorized by this title, any insurer or person that violates this title is subject to a civil penalty of up to $100,000 for each day the violation continues.
Willful violations of title
(b) If the Commissioner finds that a violation of this title is willful, the insurer shall be fined an amount that the Commissioner considers appropriate based on the degree of willful misconduct and the nature of the violation.

Credits

Added by Acts 1999, c. 117, § 1, eff. July 1, 1999.
MD Code, Insurance, § 28-107, MD INSURANCE § 28-107
Current through legislation effective July 1, 2020, from the 2020 Regular Session of the General Assembly.
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