Source: https://law.justia.com/codes/maryland/2013/article-gin/section-27-405/
Timestamp: 2020-05-28 22:34:17
Document Index: 476517958

Matched Legal Cases: ['§ 27', '§ 27', '§ 27', '§ 27', '§27', '§ 10']

§ 27-405 - Representations to public by unlicensed persons. :: 2013 Maryland Code :: US Codes and Statutes :: US Law :: Justia
Justia US Law US Codes and Statutes Maryland Code 2013 Maryland Code INSURANCE § 27-405 - Representations to public by unlicensed persons.
§ 27-405 - Representations to public by unlicensed persons.
MD Ins Code § 27-405 (2013) What's This?
§27-405.
(a) It is a fraudulent insurance act for a person to act as or represent to the public that the person is an insurance producer or a public adjuster in the State if the person has not received the appropriate license under or otherwise complied with Title 10 of this article.
(b) It is a fraudulent insurance act for an insurance producer:
(1) to solicit or take application for, procure, or place for others insurance for which the insurance producer has not obtained an appropriate license;
(2) knowingly to violate § 10-130 of this article; or
(3) intentionally to fail to report to an insurer the exact amount of consideration charged as a premium for an insurance contract, if different from the policy premium, and to fail to maintain records that show that information.