2013 Maryland Code
COMMERCIAL LAW
§ 14-4A-09 - Usage of certain terms


MD Comm L Code § 14-4A-09 (2013) What's This?

(a) Prohibited words. -- Unless authorized by the Maryland Insurance Commissioner to engage in the insurance business in the State, a warrantor may not use the following words in its name, contracts, or literature:

(1) "Insurance";

(2) "Casualty";

(3) "Surety";

(4) "Mutual"; or

(5) Any other words that are:

(i) Descriptive of the insurance, casualty, or surety business; or

(ii) Deceptively similar to the name or description of an insurer, a surety corporation, or another warrantor.

(b) Usage of "guaranty". -- A warrantor may use the term "guaranty" or a similar word in the warrantor's name.

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