Md. Code, Insurance § 14-112
Md. Code, Insurance § 14-112
in effectThe Commissioner may revoke a certificate of authority issued to a corporation subject to this subtitle, and at any time after revocation may institute proceedings under Title 9, Subtitle 2 of this article to rehabilitate or liquidate the corporation, if:
(1) grounds exist under § 4-113 of this article; or
(2) the Commissioner has reason to believe that the corporation:
(i) is being operated for profit;
(ii) is being fraudulently conducted;
(iii) is not complying with this subtitle or article;
(iv) knowingly is failing to comply with a rule, regulation, or order of the Commissioner; or
(v) has violated the provisions of Title 6.5 of the State Government Article.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin§ion=14-112&enactments=falseFetched: 10/17/2026