WILLIAM DONALD SCHAEFER, Governor                      Ch. 11

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

(1) 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 competence 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 making 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; or

(q) Has not held an appointment with a licensed
fraternal benefit society for more than 2 years from the date of
renewal.

DRAFTER'S NOTE: This deletes extraneous conjunctions in
Article 48A, § 344G(1).

The extraneous disjunctive conjunctions, "or", were
contained in Ch. 292 of the Acts of 1968.

The extraneous conjunctions were noted by the Michie
Company.

345.

[No person shall] (A) A PERSON MAY NOT cause or permit to
be made, issued or circulated in any form:

[(a)] (1) Any misrepresentation or false or
misleading statement concerning the terms, benefits or advantages
of any fraternal insurance contract now issued or to be issued in
this State, or the financial condition of any society;

[(b)] (2) Any false or misleading estimate or
statement concerning the dividends or shares of surplus paid or
to be paid by any society on any insurance contract; or

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