§ 19-307. Antiarson application as part of policy; notice of changes

MD Ins Code § 19-307 (2019) (N/A)
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(a)    (1)    An antiarson application required under this subtitle is a material part of the policy to which the application pertains.

(2)    A material misrepresentation in an antiarson application is grounds to rescind the policy.

(b)    (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)    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.