§ 8-608
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/md/insurance/8-608A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§8–608.
Subject to the hearing provisions of Title 2 of this article, the Commissioner may deny a registration to an applicant or refuse to renew, suspend, or revoke the registration of a registrant if the applicant or registrant:
(1)knowingly makes a material misstatement in an application for registration;
(2)fraudulently or deceptively obtains or attempts to obtain a registration for the applicant or registrant or for another;
(3)has been convicted of a felony or of a misdemeanor involving moral turpitude;
(4)in connection with the viatical settlement contract and related insurance application, commits fraud or engages in illegal or dishonest activities;
(5)otherwise has shown a lack of trustworthiness or competence to act as a viatical settlement broker or viatical settlement provider; or
(6)violates any provision of this subtitle or a regulation adopted under it.