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§ 14-411. Investigations and examinations by Commissioner

West's Annotated Code of MarylandInsuranceEffective: December 1, 2011

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 14. Entities that Act as Health Insurers
Subtitle 4. Dental Plan Organization Act (Refs & Annos)
Effective: December 1, 2011
MD Code, Insurance, § 14-411
§ 14-411. Investigations and examinations by Commissioner
Currentness
In general
(a) The Commissioner may investigate the business and examine the books, accounts, records, and files of each dental plan organization and to do so shall have reasonably free access to those materials and to the offices and places of business of the dental plan organization.
Retention of records
(b)(1) A dental plan organization shall preserve its books, accounts, and records for at least 5 years.
(2) Preservation by photographic reproduction shall constitute compliance with this subtitle.
Participation of Secretary and Board in investigations and examination
(c) At the discretion of the Commissioner, the Secretary of Health and the State Board of Dental Examiners may participate in investigations and examinations described in this section to verify the solvency of a dental plan organization.
Payment of expenses
(d) In an examination under this section, the person examined shall pay the expense incurred by the Commissioner, Secretary of Health, and State Board of Dental Examiners in accordance with § 2-208 of this article.

Credits

Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997. Amended by Acts 2017, c. 62, § 6.
Formerly Art. 48A, § 588.
MD Code, Insurance, § 14-411, MD INSURANCE § 14-411
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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