Md. Code Regs. 31.16.03.08

Current through Register Vol. 51, No. 22, November 1, 2024

Section 31.16.03.08 - Enforcement

A. The Commissioner may impose on a title insurer or title insurance producer any penalty, sanction, or other form of legal enforcement which the Commissioner has the authority to impose for failure to comply with the provisions of this chapter.

B. The Commissioner may not charge a title insurer or a title insurer's producer with a violation of ethical or legal responsibilities when placing trust funds in accounts where the interest earned is paid to the Maryland Affordable Housing Trust in accordance with this chapter.

Regulation .08 amended effective May 19, 1997 (24:10 Md. R. 709)
Regulation .08 amended effective December 14, 2009 (36:25 Md. R. 1957)