Maryland Code, INSURANCE 14-140
Terms Used In Maryland Code, INSURANCE 14-140
- Conviction: A judgement of guilt against a criminal defendant.
- Oath: A promise to tell the truth.
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
(2) A person that violates this subsection is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $50,000 for each violation.
(b) (1) A person may not:
(i) violate a provision of this subtitle; or
(ii) make a willfully false statement in a written document required by this subtitle to be filed with the Commissioner.
(2) A person that violates this subsection is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $5,000 for each violation or imprisonment not exceeding 1 year or both.
(c) A person that willfully makes a false statement while under an oath administered by the Commissioner or designee of the Commissioner at an investigation or hearing conducted by the Commissioner or designee of the Commissioner is guilty of perjury.