Section 8-608 - Registration - Denial, nonrenewal, suspension, revocation. - Maryland Statutes

§ 8-608. Registration - Denial, nonrenewal, suspension, revocation.
 

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. 
 

[2004, ch. 275.]