A person may not issue, deliver, or allow an agent, officer, or employee of the person to issue or deliver agency company stock or other capital stock, benefit certificates or shares in a corporation, or an advisory board contract or other similar contract that promises returns and profits as an inducement to insurance.
Structure Maryland Statutes
Title 27 - Unfair Trade Practices and Other Prohibited Practices
Subtitle 2 - Unfair Methods of Competition and Unfair and Deceptive Acts or Practices
Section 27-202 - Misrepresentations About Policies
Section 27-203 - False Advertisements About Insurance Business
Section 27-204 - False Statements About Insurers
Section 27-205 - False Statements of Financial Condition of Insurer
Section 27-206 - Boycott, Coercion, and Intimidation
Section 27-207 - Stock and Contracts as Inducement to Insurance
Section 27-208 - Unfair Discrimination -- Life Insurance, Health Insurance, and Annuities
Section 27-209 - Rebates -- Life Insurance, Health Insurance, and Annuities
Section 27-210 - Effect of 27-208 and 27-209 of This Subtitle
Section 27-211 - Use of Insurance as Inducement
Section 27-213 - Twisting Prohibited
Section 27-214 - Coerced or Tie-in Sales
Section 27-215 - Interlocking Ownership or Management
Section 27-216 - Improper Premiums and Charges
Section 27-217 - Group Insurance
Section 27-218 - Burial Insurance Benefits
Section 27-219 - Misrepresentation as Insurer
Section 27-220 - Maryland Children's Health Program
Section 27-221 - Prohibition Against Reunderwriting
Section 27-222 - Violation of 15-112(h) of This Article Prohibited
Section 27-223 - Misleading Use of Senior or Retiree Credential or Designation
Section 27-224 - Compliance With Federal Medicare Marketing Guidelines
Section 27-225 - Prohibition Against Confessed Judgment Clause in Bail Bond Agreements