§ 26-208

Maryland § 26-208

• Jurisdiction: Maryland
• Article gin: Insurance
• Title: 26

Text

After notice and opportunity for a hearing, the Commissioner may suspend or revoke a license if the Commissioner finds that the licensee:

(1) has violated any provision of this title;

(2) has failed to maintain the standards required under this title for the issuance of an initial license;

(3) is insolvent;

(4) has liabilities that exceed its assets;

(5) has engaged in a fraudulent or deceptive act; or

(6) has entered into a service contract the form of which has not been approved by the Commissioner.