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MARYLAND STATUTES AND CODES

Section 2-208 - Expense of examinations.

§ 2-208. Expense of examinations.
 

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 paragraph (1) of this section. 
 

[An. Code 1957, art. 48A, § 33; 1995, ch. 36; 1996, ch. 60; 2000, ch. 465, § 2; 2003, ch. 295; 2007, ch. 629.] 
 

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