SPIRO T. AGNEW, Governor                        345

(a)    has wilfully violated any provision of this Article or of
any other law of this State relating to insurance as herein defined,
or relating to another type of insurance; or

(b)    has intentionally misrepresented or concealed any material
fact in the application for such license; or

(c)    has obtained, or attempted to obtain, such license by mis-
representation, concealment or other fraud; or

(d)    has misappropriated, converted or unlawfully withheld
money belonging to an insurer, insurance agent, broker, beneficiary,
or an insured; or

(e)    has wilfully and materially misrepresented the provisions of
an insurance policy; or

(f)    has committed fraudulent or dishonest practices in the busi-
ness of insurance; or

(g)    has participated with or without the knowledge of an in-
surer in the selling of motor vehicle insurance without any bona
fide intention to sell such insurance, as evidenced by a persistent
pattern of filing of certificates of insurance together with or closely
followed by cancellation notices for such insurance under the Un-
satisfied Claim and Judgment Fund Law; or

(h) has been convicted by final judgment in any state or federal
court of a crime involving moral turpitude; or

(i) has knowingly participated in the writing or issuance of
substantial over-insurance of any property insurance risks; or

(j) has failed to pass an examination required pursuant to this
subtitle; or

(k) has wilfully failed to comply with, or has wilfully violated,
any proper order, rule or regulation issued by the Commissioner; or

(l)    has failed or refused, upon demand, to pay over any money
in his hands which belong to an insurer, insurance agent, broker,
or other person entitled to receive the same; or

(m) has otherwise shown lack of trustworthiness or lack of com-
petence to act as an insurance agent; or

(n) is not or does not intend to carry on business in good faith
and holds himself out to the public as an insurance agent; or

(o) has been refused a license or had his license suspended or
revoked in another state; or

(p) has intentionally or wilfully made or issued, or caused to be
made or issued, any statement materially misrepresenting or mak-
ing incomplete comparisons regarding the terms or conditions of
any policy or contract issued by any authorized insurer, for the
purpose of inducing or attempting to induce the owner of such
policy or contract to forfeit or surrender such contract or allow it
to lapse for the purpose of replacing such policy or contract with
another.

(2)    In lieu of suspension or revocation of the license of an in-
surance agent, the Commissioner may accept for the first and second
offenses a fine of not less than twenty-five dollars ($25) nor more