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Current as of December 31, 2021 | Updated by FindLaw Staff
A person may not:
(1) make, issue, circulate, or cause to be made, issued, or circulated an estimate, circular, or statement that misrepresents the terms of a policy issued or to be issued, the benefits or advantages promised by the policy, or the dividends or share of the surplus to be received on the policy;
(2) make a false or misleading statement about the dividends or share of the surplus previously paid on similar policies;
(3) make a misleading representation or any misrepresentation about the financial condition of an insurer or about the legal reserve system on which a life insurer operates; or
(4) use a name or title of a policy or class of policies that misrepresents the true nature of the policy or class of policies.
Cite this article: FindLaw.com - Maryland Code, Insurance § 27-202 - last updated December 31, 2021 | https://codes.findlaw.com/md/insurance/md-code-insurance-sect-27-202/
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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