Md. Code Ann., Ins. § 19-307 – Antiarson application as material part of policy

(a)
1. (1) An antiarson application required under this subtitle is a material part of the policy to which the application pertains.
2. (2) A material misrepresentation in an antiarson application is grounds to rescind the policy.
(b)
1. (1) Within a reasonable time as specified by the Commissioner, a policyholder shall notify the policyholder's insurer in writing of any change in the information contained in an antiarson application.
2. (2) A material failure to give the notice required in paragraph (1) of this subsection, or a material misrepresentation in a notification, is grounds to rescind the policy.

Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997.

Formerly Art. 48A, § 577.