Maryland § 7-802
Full text of Maryland Maryland Code § 7-802, with citation guidance and answers to common questions.
§ 7-802.
(a) In addition to any other penalty provided by law, a person that willfully violates this title or any regulation adopted under this title is subject to a penalty of up to $10,000 for the first day of violation and up to $1,000 for each additional day that the violation continues.
(b) In determining the amount of any financial penalty to be imposed under this section, the Commissioner shall consider the following factors:
(1) the seriousness of the violation;
(2) the good faith of the violator;
(3) the violator’s history of previous violations;
(4) the deleterious effect of the violation on the public and the insurance industry; and
(5) the assets of the violator.
(c) Before imposing a penalty under this subsection, the Commissioner:
(1) shall give the person that allegedly committed the violation notice and an opportunity for hearing; and
(2) must find that the person willfully committed the violation.
Frequently Asked Questions About Maryland § 7-802
What does Maryland Code § 7-802 cover?
Section 7-802 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 7-802?
A common citation format is "Maryland Code § 7-802" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 7-802 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.