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§ 8-463. Confidentiality of financial statements, reports, and findings

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 8. Entities that Act as Insurers
Subtitle 4. Fraternal Benefit Societies (Refs & Annos)
Part VI. Enforcement and Penalties
MD Code, Insurance, § 8-463
§ 8-463. Confidentiality of financial statements, reports, and findings
Currentness
In general
(a) Subject to subsection (b) of this section, during or after an examination or investigation of a domestic, foreign, or alien society, the Commissioner may not make public or allow to become public a financial statement, report, or finding that affects the status, standing, or rights of the society.
Publication of financial statements, reports, or findings by Commissioner
(b) The Commissioner may make public or allow to become public a financial statement, report, or finding described in subsection (a) of this section after:
(1) a copy of the financial statement, report, or finding has been served on the society at its principal office; and
(2) the society has been given a reasonable opportunity to answer the financial statement, report, or finding.

Credits

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997.
Formerly Art. 48A, § 343.
MD Code, Insurance, § 8-463, MD INSURANCE § 8-463
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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