§ 26-208
87 words·~1 min read·
/md/insurance/26-208A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§26–208.
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.