§ 8-611
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/md/insurance/8-611A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§8–611.
(a)Viatical settlement contracts and applications for viatical settlement contracts shall contain the following statement or a substantially similar statement:
“Any person who knowingly presents false information in an application for insurance or an application for a viatical settlement contract has committed a fraudulent viatical settlement act and on conviction is subject to fines, imprisonment, or both, under § 27-408 of the Insurance Article of the Annotated Code of Maryland.”
(b)The absence of a statement as required in subsection
(a)of this section does not constitute a defense in any prosecution for a fraudulent viatical settlement act.