(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.
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