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§ 11-343. False or misleading information prohibited

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 11. Insurance Rating Law
Subtitle 3. Competitive Rating (Refs & Annos)
Part VIII. Prohibited Acts; Penalties
MD Code, Insurance, § 11-343
§ 11-343. False or misleading information prohibited
In general
(a) A person may not willfully withhold information from or knowingly give false or misleading information to the Commissioner, a statistical agency designated by the Commissioner, a rating organization, or an insurer if the information will affect the rates or premiums chargeable under this subtitle.
Penalties
(b) A person that violates this section:
(1) is subject to the penalties provided in § 11-344 of this subtitle; and
(2) if the violation is committed with intent to deceive, is guilty of perjury and subject to prosecution for perjury in a court of competent jurisdiction.

Credits

Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997.
Formerly Art. 48A, § 244T.
MD Code, Insurance, § 11-343, MD INSURANCE § 11-343
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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