§ 14–112
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 14-112 (2026)
Title 14. Entities That Act as Health Insurers
Subtitle 1. Nonprofit Health Service Plans
§ 14–112LinkCopy Citation
The Commissioner may revoke a certificate of authority issued to a corporation subject to this subtitle, and at any time after revocation may institute proceedings under Title 9, Subtitle 2 of this article to rehabilitate or liquidate the corporation, if:
(1)
grounds exist under § 4-113 of this article; or
(2)
the Commissioner has reason to believe that the corporation:
(i)
is being operated for profit;
(ii)
is being fraudulently conducted;
(iii)
is not complying with this subtitle or article;
(iv)
knowingly is failing to comply with a rule, regulation, or order of the Commissioner; or
(v)
has violated the provisions of Title 6.5 of the State Government Article.