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2017 Maryland Code
Insurance
Title 27 - Unfair Trade Practices and Other Prohibited Practices
Subtitle 2 - Unfair Methods of Competition and Unfair and Deceptive Acts or Practices
§ 27-207. Stock and contracts as inducement to insurance
Universal Citation: MD Ins Code § 27-207 (2017)
A person may not issue, deliver, or allow an agent, officer, or employee of the person to issue or deliver agency company stock or other capital stock, benefit certificates or shares in a corporation, or an advisory board contract or other similar contract that promises returns and profits as an inducement to insurance.
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