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Current as of December 31, 2021 | Updated by FindLaw Staff
After notice and opportunity for a hearing, the Commissioner may suspend or revoke a license if the Commissioner finds that the licensee:
(1) has violated any provision of this title;
(2) has failed to maintain the standards required under this title for the issuance of an initial license;
(3) is insolvent;
(4) has liabilities that exceed its assets;
(5) has engaged in a fraudulent or deceptive act; or
(6) has entered into a service contract the form of which has not been approved by the Commissioner.
Cite this article: FindLaw.com - Maryland Code, Insurance § 26-208 - last updated December 31, 2021 | https://codes.findlaw.com/md/insurance/md-code-insurance-sect-26-208/
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 or via Westlaw before relying on it for your legal needs.
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