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§ 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
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:
(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 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.
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