{"data":{"id":"us-md/md.-code-insurance-10-212","jurisdiction":"us-md","citation":"Md. Code, Insurance § 10–212","heading":"","body":"(a) Subject to the hearing provisions of Title 2 of this article, the Commissioner may suspend or revoke a license if the licensee:\n(1) has violated this article;\n(2) has violated any law while acting as an adviser;\n(3) has made a material misstatement in the application for the license;\n(4) has been guilty of fraudulent or dishonest practices; or\n(5) has demonstrated incompetency or untrustworthiness to act as an adviser.\n(b) (1) Any licensee or any person aggrieved may file with the Commissioner a verified complaint that states facts that show sufficient grounds to suspend or revoke a license.\n(2) On the filing of a complaint, the Commissioner, after notice and hearing, shall determine whether to suspend or revoke the license.\n(c) An adviser whose license has been revoked may not obtain another license or renew a license for at least 1 year after:\n(1) the date of revocation, if there is no judicial review; or\n(2) the final determination in the judicial proceeding confirming the revocation, if there is judicial review.","path":["Article - Insurance"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin\u0026section=10-212","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:28Z","sha256":"e2086dddc46328e5311648ddb9bec5882cd30992cb41d5fec52a4eb6a0341033","source_id":"us-md","stale":false,"prev":"us-md/md.-code-insurance-10-211.1","next":"us-md/md.-code-insurance-10-213"},"notice":"GroundRules: Original legal text. Not legal advice."}