§ 8–608
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 8-608 (2026)
Title 8. Entities That Act as Insurers
Subtitle 6. Viatical Settlement Providers and Viatical Settlement Brokers
§ 8–608LinkCopy Citation
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.