Maryland Statutes
§ 26-502
Maryland § 26-502
This text of Maryland § 26-502 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Insurance § 26-502 (2026).
Text
(a)A person that willfully violates this title is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $1,000 or imprisonment not exceeding 1 year or both.
(b)In addition to any other penalty provided in this title, the Commissioner after notice and hearing may impose on a licensee or representative for each violation of this title a penalty:
(1)not exceeding $25,000 for a licensee; or
(2)not exceeding $5,000 for a representative.
(c)Instead of or in addition to a penalty imposed under this section, the Commissioner may require that restitution be made to any citizen who has suffered financial injury because of a violation of this title.
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Bluebook (online)
Maryland § 26-502, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gin/26-502.