Md. Code, Insurance § 26-208
This is the official text of Md. Code, Insurance § 26-208, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§26–208.
Official statutory 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.
(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.
Status: in_force · Read it on the official government site
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