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


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  •    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.


HISTORY: 2004, ch. 275.