Maryland Code, INSURANCE 2-208
Terms Used In Maryland Code, INSURANCE 2-208
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(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.
(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.
§2-208. // EFFECTIVE MAY 18, 2023 PER CHAPTERS 151 AND 152 OF 2021 //
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 section.