§ 4-114. Cease and desist orders
West's Annotated Code of MarylandInsurance
MD Code, Insurance, § 4-114
§ 4-114. Cease and desist orders
(a) Without notice and before hearing, the Commissioner may issue and have served on an insurer an order requiring the insurer immediately to cease and desist from writing insurance in the State if it appears to the Commissioner that:
(b)(1) When an order is served on an insurer under subsection (a) of this section, the Commissioner shall issue and also serve on the insurer notice of a hearing to be held at a place and time not later than 5 days after the date of the order.
Credits
Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997.
Formerly Art. 48A, § 55.
MD Code, Insurance, § 4-114, MD INSURANCE § 4-114
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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