Md. Code, Insurance § 8-609
This is the official text of Md. Code, Insurance § 8-609, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§8–609.
Official statutory text
Instead of or in addition to suspending or revoking a registration, the Commissioner may:
(1) impose on the holder a penalty not exceeding $125,000 for each violation of this subtitle; and
(2) require the holder to make restitution to any person that has suffered financial injury because of the violation of this subtitle.
(1) impose on the holder a penalty not exceeding $125,000 for each violation of this subtitle; and
(2) require the holder to make restitution to any person that has suffered financial injury because of the violation of this subtitle.
Status: in_force · Read it on the official government site
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