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§ 14-4A-09. Terms barred from names, contracts, and literature

West's Annotated Code of MarylandCommercial LawEffective: January 1, 2008

West's Annotated Code of Maryland
Commercial Law
Title 14. Miscellaneous Consumer Protection Provisions
Subtitle 4a. Vehicle Protection Products Act (Refs & Annos)
Effective: January 1, 2008
MD Code, Commercial Law, § 14-4A-09
§ 14-4A-09. Terms barred from names, contracts, and literature
Currentness
(a) Unless authorized by the Maryland Insurance Commissioner to engage in the insurance business in the State, a warrantor may not use the following words in its name, contracts, or literature:
(1) “Insurance”;
(2) “Casualty”;
(3) “Surety”;
(4) “Mutual”; or
(5) Any other words that are:
(i) Descriptive of the insurance, casualty, or surety business; or
(ii) Deceptively similar to the name or description of an insurer, a surety corporation, or another warrantor.
(b) A warrantor may use the term “guaranty” or a similar word in the warrantor's name.

Credits

Added by Acts 2007, c. 407, § 1, eff. Jan. 1, 2008.
MD Code, Commercial Law, § 14-4A-09, MD COML § 14-4A-09
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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