Md. Code, Commercial Law § 14-4A-09
This is the official text of Md. Code, Commercial Law § 14-4A-09, part of Maryland’s Code, Commercial Law — governs commercial transactions - Maryland's version of the Uniform Commercial Code.
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§14–4A–09.
Official statutory text
(a) Unless authorized by the Maryland Insurance Commissioner to engage in the insurance business in the State, a warrantor may not use the following words in its name, contracts, or literature:
(1) “Insurance”;
(2) “Casualty”;
(3) “Surety”;
(4) “Mutual”; or
(5) Any other words that are:
(i) Descriptive of the insurance, casualty, or surety business; or
(ii) Deceptively similar to the name or description of an insurer, a surety corporation, or another warrantor.
(b) A warrantor may use the term “guaranty” or a similar word in the warrantor’s name.
(1) “Insurance”;
(2) “Casualty”;
(3) “Surety”;
(4) “Mutual”; or
(5) Any other words that are:
(i) Descriptive of the insurance, casualty, or surety business; or
(ii) Deceptively similar to the name or description of an insurer, a surety corporation, or another warrantor.
(b) A warrantor may use the term “guaranty” or a similar word in the warrantor’s name.
Status: in_force · Read it on the official government site
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