Maryland Code, INSURANCE 8-463
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Terms Used In Maryland Code, INSURANCE 8-463
- Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
(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.
(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.