Maryland Insurance Section 8-608

      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.