The Fund may refuse to accept further applications from a fund producer or may terminate the authority of the fund producer to bind coverage or both if:
(1) the Fund finds that the fund producer has engaged in the practice of binding coverage in the Fund in violation of policies adopted by the Board of Trustees; or
(2) after demand has been made by the Fund, the fund producer fails to pay money owed the Fund as a result of:
(i) the binding or change of coverage; or
(ii) a commission paid to the fund producer on a policy that is canceled after the effective date of coverage.
Structure Maryland Statutes
Title 20 - Maryland Automobile Insurance Fund
Subtitle 5 - Policies for Covered Vehicles
Section 20-501 - "Covered Vehicle" Defined
Section 20-502 - Eligibility Requirements for Policyholders
Section 20-503 - Contents of Policies
Section 20-504 - Add-on Coverage
Section 20-505 - Claims Against Fund -- Resolution; Recording of Relevant Conversations
Section 20-506 - Reserves for Payment of Claims
Section 20-507 - Determination, Collection, and Financing of Premiums; Installment Payment Plans
Section 20-508 - Effect of 3 Years Without Violation or Accident
Section 20-509 - Authority of Producers to Bind Coverage
Section 20-510 - Fiduciary Duties of Producer
Section 20-512 - Payment of Commission to Producer
Section 20-513 - Actions Against Producers -- in General
Section 20-514 - Actions Against Producers -- Notice and Hearing
Section 20-515 - Recovery of Money Owed to Fund
Section 20-516 - Grounds for Rejection or Cancellation of Insurance
Section 20-517 - Appeal of Rejection or Cancellation of Insurance
Section 20-518 - Effect of Driving Record on Insurability
Section 20-519 - Continuation of Coverage of Family Members on Exclusion of Policyholder