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Current as of December 31, 2021 | Updated by FindLaw Staff
Subject to the hearing provisions of Title 2 of this article, the Commissioner may deny a registration to an applicant or refuse to renew, suspend, or revoke the registration of a registrant if the applicant or registrant:
(1) knowingly makes a material misstatement in an application for registration;
(2) fraudulently or deceptively obtains or attempts to obtain a registration for the applicant or registrant or for another;
(3) has been convicted of a felony or of a misdemeanor involving moral turpitude;
(4) in connection with the viatical settlement contract and related insurance application, commits fraud or engages in illegal or dishonest activities;
(5) otherwise has shown a lack of trustworthiness or competence to act as a viatical settlement broker or viatical settlement provider; or
(6) violates any provision of this subtitle or a regulation adopted under it.
Cite this article: FindLaw.com - Maryland Code, Insurance § 8-608 - last updated December 31, 2021 | https://codes.findlaw.com/md/insurance/md-code-insurance-sect-8-608/
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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