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2020 Maryland Statutes
Commercial Law
Title 14 - Miscellaneous Consumer Protection Provisions
Subtitle 4A - Vehicle Protection Products Act
Section 14-4A-09 - Usage of Certain Terms

Universal Citation:
MD Commercial Law Code Ann. § 14-4A-09 (2020)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

    (a)    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)    A warrantor may use the term “guaranty” or a similar word in the warrantor’s name.

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