Ch. 507                                     1993 LAWS OF MARYLAND                                             

under oath its officers, agents, or employees, or other persons, in relation to the affairs,
transactions and conditions of the corporation. The corporation whose affairs are
examined shall pay the expenses of examination as provided in § 33 of this article.]

358.

(A)     THE COMMISSIONER, OR ANY EXAMINER OR EXAMINERS OF THE
INSURANCE DEPARTMENT, SHALL HAVE THE POWER OF VISITATION AND
EXAMINATION INTO THE AFFAIRS OF ANY:

(1)      CORPORATION LICENSED UNDER THIS SUBTITLE; AND

(2)      ANY AFFILIATE OR' SUBSIDIARY OF A CORPORATION LICENSED
UNDER THIS SUBTITLE.

(B)     THE POWER OF VISITATION AND EXAMINATION SHALL INCLUDE:

(1)      FREE ACCESS TO ALL OF THE BOOKS, PAPERS, AND DOCUMENTS OF
THE CORPORATION OR ANY OF ITS AFFILIATES OR SUBSIDIARIES; AND

(2)      THE RIGHT TO SUMMON AND EXAMINE UNDER OATH ANY OFFICER,
AGENT, EMPLOYEE, OR OTHER PERSON, IN RELATION TO THE AFFAIRS,
TRANSACTIONS, AND CONDITIONS OF THE CORPORATION OR OF ITS AFFILIATES
AND SUBSIDIARIES.

(C)     THE COMMISSIONER MAY DELEGATE THE AUTHORITY PROVIDED UNDER
THIS SECTION TO A DESIGNEE OF THE COMMISSIONER.

(D) THE CORPORATION OR ITS AFFILIATE OR SUBSIDIARY WHOSE AFFAIRS
ARE EXAMINED UNDER THIS SECTION SHALL PAY THE EXPENSES OF EXAMINATION
AS PROVIDED IN § 33 OF THIS ARTICLE.

359.                                   .                                                                                                       

(A)     Every corporation subject to the provisions of this subtitle may invest its funds
only in [securities] ASSETS permitted [by the laws of this State] for the investment of
the [assets] FUNDS of life insurers UNDER §§ 75, 76, AND 86 THROUGH 96A OF THIS
ARTICLE.

(B)     (1) IN THIS SUBSECTION, "GROUP HEALTH CARE" MEANS A PRACTICE
WHEREBY AN AFFILIATE OR SUBSIDIARY OF A NONPROFIT HEALTH SERVICE PLAN
ENGAGES THE SERVICES OF HEALTH CARE SPECIALISTS WHO PROVIDE HEALTH
CARE AT A PREDETERMINED LOCATION OR LOCATIONS PURSUANT TO A PREPAID
HEALTH PLAN.

(2) [, provided however, that whenever it shall be determined by]
NOTWITHSTANDING SUBSECTION (A) OF THIS SECTION, IF the Commissioner
DETERMINES that [such] A corporation SUBJECT TO THE PROVISIONS OF THIS
ARTICLE is engaged principally in business of group health care as opposed to the sale of
an insurance product or plan as described by § 354 of this subtitle, the Commissioner may
permit [such] THE corporation to invest a sum not to exceed 50% of its assets in real
estate for use as medical facilities and fixed medical equipment to be used solely for the
purpose of engaging in group health care: [As used in this section, the words "group

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