Home Table of Contents

§ 8-309. Denial, refusal to renew, suspension, or revocation of registration

West's Annotated Code of MarylandInsuranceEffective: October 1, 2019

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 8. Entities that Act as Insurers
Subtitle 3. Third Party Administrators (Refs & Annos)
Effective: October 1, 2019
MD Code, Insurance, § 8-309
§ 8-309. Denial, refusal to renew, suspension, or revocation of registration
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:
(1) makes a material misstatement 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 plan or with activities on behalf of a life insurer, commits fraud or engages in illegal or dishonest activities; or
(5) violates any provision of this subtitle or a regulation adopted under it.
Construction with regulatory powers of Commissioner
(b) This section does not limit any regulatory power of the Commissioner under Title 2 of this article.

Credits

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997. Amended by Acts 2019, c. 100, § 1, eff. Oct. 1, 2019.
Formerly Art. 48A, § 692.
MD Code, Insurance, § 8-309, MD INSURANCE § 8-309
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.
End of Document