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Session Laws, 1963
Volume 671, Page 1084   View pdf image (33K)
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1086                            LAWS OF MARYLAND                      [CH. 553

(b)   If such report charges a violation of this subtitle and if such
method of competition, act or practice has not been discontinued, the
Commissioner may, through the Attorney General of this State, at
any time after the service of such report cause an action to be insti-
tuted to enjoin and restrain such person from engaging in such
method, act, or practice. In such action the Court may grant a re-
straining order or injunction upon such terms as may be just; but
the Commissioner shall not be required to give security before the
issuance of any such order or injunction. If a stenographic record of
the proceedings in the hearing before the Commissioner was made,
a certified transcript thereof including all evidence taken and the
report and findings shall be received in evidence in such action.

(c)   If the Commissioner's report made under subsection (a)
above, or order on hearing made under Section 215 does not charge
a violation of this subtitle, then any intervenor in the proceedings
may appeal therefrom within the time and in the manner provided in
this article for appeals from the Commissioner generally.

217.    Misrepresentation, False Advertising of Policies.

No person shall make, issue, circulate, or cause to be made, issued,
or circulated, any estimate, circular, or statement misrepresenting the
terms of any policy issued or to be issued or the benefits or advantages
promised thereby or the dividends or share of the surplus to be re-
ceived thereon, or make any false or misleading statement as to the
dividends or share of surplus previously paid on similar policies, or
make any misleading representation or any misrepresentation as to
the financial condition of any insurer, or as to the legal reserve sys-
tem upon which any life insurer operates, or use any name or title of
any policy or class of policies misrepresenting the true nature thereof.

218.    False Information, Advertising.

No person shall make, publish, disseminate, circulate, or place
before the public, or cause, directly or indirectly, to be made, pub-
lished, disseminated, circulated, or placed before the public, in a
newspaper, magazine or other publication, or in the form of a notice,
circular, pamphlet, letter or poster, or over any radio or television
station, or in any other way, an advertisement, announcement or
statement containing any assertion, representation or statement with
respect to the business of insurance or with respect to any person
in the conduct of his insurance business, which is untrue, deceptive
or misleading.

219.    Defamation.

No person shall make, publish, disseminate, or circulate, directly
or indirectly, or aid, abet or encourage the making, publishing, dis-
seminating or circulating of any oral or written statement or any
pamphlet, circular, article or literature which is false or maliciously
critical of or derogatory to the financial condition of an insurer, or
of an organization proposing to become an insurer, and which is
calculated to injure any person engaged or proposing to engage in the
business of insurance.

220.    Boycott, Coercion and Intimidation.

No person shall enter into any agreement to commit, or by any
concerted action commit, any act of boycott, coercion or intimidation

 

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Session Laws, 1963
Volume 671, Page 1084   View pdf image (33K)
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