(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.
Structure Maryland Statutes
Title 14 - Miscellaneous Consumer Protection Provisions
Subtitle 4A - Vehicle Protection Products Act
Section 14-4A-01 - Definitions
Section 14-4A-02 - Applicability of Subtitle and Other Provisions
Section 14-4A-03 - Sale of a Vehicle Protection Product
Section 14-4A-04 - Registration
Section 14-4A-05 - Availability of Information to the Public
Section 14-4A-06 - Record Keeping
Section 14-4A-08 - Vehicle Protection Product Warranty
Section 14-4A-09 - Usage of Certain Terms
Section 14-4A-10 - Requiring Purchase of Vehicle Protection Product Prohibited
Section 14-4A-11 - Settlement of Disputes
Section 14-4A-12 - Liabilities and Duties