# Insurance (GIN)

## Title 27. Unfair Trade Practices and Other Prohibited Practices

### Subtitle 4. Fraudulent Insurance Acts

#### Section 27-406.1

(a) In this section, "individual surety" means a person that:

  (1) issues surety bonds or contracts of surety insurance; and

  (2) does not have a certificate of authority issued by the Commissioner.

(b) It is a fraudulent insurance act for an individual surety to solicit or issue a surety bond or contract of surety insurance except as provided in:

  (1) Sec.Sec. 13-207 and 17-104 of the State Finance and Procurement Article; and

  (2) for an uncompensated person, Sec.Sec. 5-203 and 5-204 of the Criminal Procedure Article.

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Md. Code Ann., Ins. (as displayed at mgaleg.maryland.gov, October 16, 2026)