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Maryland Code, Commercial Law § 14-4A-09

Current as of January 01, 2025 | Updated by Findlaw Staff

(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.

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Cite this article: FindLaw.com - Maryland Code, Commercial Law § 14-4A-09 - last updated January 01, 2025 | https://codes.findlaw.com/md/commercial-law/md-code-coml-sect-14-4a-09/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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