Maryland Statutes

§ 14-605

Maryland·Article gin Insurance·Title 14
(a)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, or an officer, director, or employee of the applicant or registrant:
(1)makes a material misstatement or misrepresentation 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 administration of a discount medical plan or discount drug plan, commits fraud or engages in illegal or dishonest activities;

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