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§ 2-208. Expense of examinations

West's Annotated Code of MarylandInsuranceEffective: April 12, 2022 to May 17, 2025

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 2. Maryland Insurance Administration
Subtitle 2. Enforcement (Refs & Annos)
Effective: April 12, 2022 to May 17, 2025
MD Code, Insurance, § 2-208
§ 2-208. Expense of examinations
Currentness
<Section effective until May 18, 2025. See, also, section 2-208 effective May 18, 2025.>
In general
(a) Subject to subsection (b) of this section, the expense incurred in an examination made under § 2-205 of this subtitle, § 2-206 of this subtitle for surplus lines brokers and insurance holding corporations, § 23-207 of this article for premium finance companies, § 15-10B-19 of this article for private review agents, § 15-10B-20 of this article, or § 14-610 of this article for discount medical plan organizations and discount drug plan organizations shall be paid by the person examined in the following manner:
(1) the person examined shall pay to the Commissioner the travel expenses, a living expense allowance, and a per diem as compensation for examiners, actuaries, and typists:
(i) to the extent incurred for the examination; and
(ii) at reasonable rates set by the Commissioner;
(2) the Commissioner may present a detailed account of expenses incurred to the person examined periodically during the examination or at the end of the examination, as the Commissioner considers proper; and
(3) a person may not pay and an examiner may not accept any compensation for an examination in addition to the compensation under item (1) of this subsection.
Use of state funds
(b) If the Commissioner conducts an examination of an administrative services organization that administers the delivery system for specialty mental health services established under § 15-103(b)(21) of the Health--General Article, the administrative services organization may not use State funds or otherwise pass onto the State the expenses described in subsection (a) of this section.

Credits

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997. Amended by Acts 1996, c. 60, § 1, eff. Oct. 1, 1997; Acts 2000, c. 465, § 2, eff. May 11, 2000; Acts 2003, c. 295, § 1, eff. Oct. 1, 2003; Acts 2007, c. 629, § 1, eff. Oct. 1, 2007; Acts 2021, c. 151, § 1, eff. May 18, 2021; Acts 2021, c. 152, § 1, eff. May 18, 2021; Acts 2022, c. 135, § 1, eff. April 12, 2022.
Formerly Art. 48A, § 33.
MD Code, Insurance, § 2-208, MD INSURANCE § 2-208
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.
End of Document