Md. Code, Insurance § 20–513
Where this section sits in the code
- Article - Insurance
The Fund may refuse to accept further applications from a fund producer or may terminate the authority of the fund producer to bind coverage or both if:
(1) the Fund finds that the fund producer has engaged in the practice of binding coverage in the Fund in violation of policies adopted by the Board of Trustees; or
(2) after demand has been made by the Fund, the fund producer fails to pay money owed the Fund as a result of:
(i) the binding or change of coverage; or
(ii) a commission paid to the fund producer on a policy that is canceled after the effective date of coverage.
Collected 2026-09-14T19:59:28Z. Source file · JSON