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Terms Used In Maryland Code, INSURANCE 23-506

  • Conviction: A judgement of guilt against a criminal defendant.
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.