Maryland Statutes
Subtitle 3 - Surplus Lines Insurance
Section 3-317 - Suspensions and Revocations

(a)    The Commissioner may suspend or revoke the certificate of qualification of a surplus lines broker:
        (1)    if the surplus lines broker fails to file the report required by this subtitle;
        (2)    if the surplus lines broker fails to remit the tax required by this subtitle;
        (3)    if the surplus lines broker fails to keep records required by this subtitle, or fails to allow the Commissioner to examine those records;
        (4)    if the surplus lines broker fails to file or falsifies the affidavit required by this subtitle; or
        (5)    for any applicable ground for suspending or revoking the license of an insurance producer under this article.
    (b)    The Commissioner may not reinstate the certificate of qualification of a surplus lines broker whose certificate has been suspended or revoked until the broker pays all penalties and delinquent taxes that are owed.

Structure Maryland Statutes