ROBERT L. EHRLICH, JR., Governor                             Ch. 291

(7)      HAS BEEN CONVICTED OF A FELONY, A CRIME OF MORAL
TURPITUDE, OR ANY CRIMINAL OFFENSE INVOLVING DISHONESTY OR BREACH OF
TRUST;

(8)     HAS WILLFULLY FAILED TO COMPLY WITH OR HAS WILLFULLY
VIOLATED A PROPER ORDER OR REGULATION OF THE COMMISSIONER;

(9)      HAS FAILED OR REFUSED TO PAY ON DEMAND MONEY THAT
BELONGS TO AN INSURER, INSURANCE PRODUCER, INSURED, OR OTHER PERSON
ENTITLED TO THE MONEY;

(10)    IS NOT CARRYING ON OR DOES NOT INTEND TO CARRY ON BUSINESS
IN GOOD FAITH WHILE REPRESENTING TO THE PUBLIC THAT THE PERSON IS A
PUBLIC ADJUSTER;

(11)    HAS BEEN DENIED A LICENSE OR HAS HAD A LICENSE SUSPENDED
OR REVOKED IN ANOTHER STATE; OR

(12)    HAS KNOWINGLY EMPLOYED OR KNOWINGLY CONTINUED TO
EMPLOY AN INDIVIDUAL ACTING IN A FIDUCIARY CAPACITY WHO HAS BEEN
CONVICTED WITHIN THE PRECEDING 10 YEARS OF A FELONY OR CRIME OF MORAL
TURPITUDE.

(B) (1) THE COMMISSIONER MAY DENY A LICENSE TO A BUSINESS ENTITY
APPLICANT OR SUSPEND, REVOKE, OR REFUSE TO RENEW OR REINSTATE THE
LICENSE OF A BUSINESS ENTITY AFTER NOTICE AND OPPORTUNITY FOR A HEARING
UNDER §§ 2-210 THROUGH 2-214 OF THIS ARTICLE, IF AN INDIVIDUAL LISTED IN
PARAGRAPH (2) OF THIS SUBSECTION:

(I)      VIOLATES ANY PROVISION OF THIS ARTICLE;

(II)     IS CONVICTED OF A FELONY, A CRIME OF MORAL TURPITUDE,
OR ANY CRIMINAL OFFENSE INVOLVING DISHONESTY OR BREACH OF TRUST; OR

(III)   HAS ANY PROFESSIONAL LICENSE SUSPENDED OR REVOKED
FOR A FRAUDULENT OR DISHONEST PRACTICE.

(2) THE SANCTIONS PROVIDED FOR UNDER THIS SUBSECTION MAY BE
IMPOSED ON A BUSINESS ENTITY IF THE VIOLATION WAS COMMITTED BY AN
INDIVIDUAL WHO:

(I)      IS A PUBLIC ADJUSTER EMPLOYED BY THE BUSINESS ENTITY;

(II)     1. IN THE CASE OF A LIMITED LIABILITY COMPANY, IS AN
OFFICER, DIRECTOR MEMBER, OR MANAGER;

2.       IN THE CASE OF A PARTNERSHIP, IS A PARTNER; AND

3.       IN THE CASE OF A CORPORATION, IS A DIRECTOR,
OFFICER, OR CONTROLLING OWNER; OR

(III)   HAS DIRECT CONTROL OVER THE FISCAL MANAGEMENT OF
THE BUSINESS ENTITY.

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