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Statutes Text

Article - Insurance




§8–608.

    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.



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