In addition to any other applicable administrative or civil penalty, a premium finance company, insurer, or insurance producer that willfully and knowingly violates any provision of this title is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $1,000 or imprisonment not exceeding 1 year or both.
Structure Maryland Statutes
Subtitle 5 - Prohibited Acts; Penalties
Section 23-501 - Maif Add-on Coverage as Condition of Financing Premium
Section 23-502 - Splitting Fees
Section 23-503 - Inducement to Obtain Multiple Initial Service Fees
Section 23-504 - Excess Charges
Section 23-505 - Failure to Pay Delinquency and Collection Charge