§ 8–609

Statutes in effect as of October 1, 2026.

Md. Code Ann., Ins. § 8-609 (2026)

Title 8. Entities That Act as Insurers

Subtitle 6. Viatical Settlement Providers and Viatical Settlement Brokers

Instead of or in addition to suspending or revoking a registration, the Commissioner may:

(1)

impose on the holder a penalty not exceeding $125,000 for each violation of this subtitle; and

(2)

require the holder to make restitution to any person that has suffered financial injury because of the violation of this subtitle.