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Ch. 508 2005 LAWS OF MARYLAND
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REQUIRE AN INSURER TO SUBMIT ALL OR ANY PART OF ITS ADVERTISEMENT WITH
RESPECT TO THAT PRODUCT FOR REVIEW OR APPROVAL PRIOR TO USE, IF THE
COMMISSION DETERMINES THAT THE NATURE OF THE PRODUCT IS SUCH THAT AN
ADVERTISEMENT OF THE PRODUCT COULD HAVE THE CAPACITY OR TENDENCY TO
MISLEAD THE PUBLIC. THE ACTIONS OF THE COMMISSION AS PROVIDED IN THIS
SECTION SHALL HAVE THE FORCE AND EFFECT OF LAW AND SHALL BE BINDING IN
THE COMPACTING STATES TO THE EXTENT AND IN THE MANNER PROVIDED IN THE
COMPACT;
5. TO EXERCISE ITS RULE-MAKING AUTHORITY AND DESIGNATE PRODUCTS
AND ADVERTISEMENT THAT MAY BE SUBJECT TO A SELF-CERTIFICATION PROCESS
WITHOUT THE NEED FOR PRIOR APPROVAL BY THE COMMISSION;
6. TO PROMULGATE OPERATING PROCEDURES, PURSUANT TO ARTICLE VII
OF THIS COMPACT, WHICH SHALL BE BINDING IN THE COMPACTING STATES TO THE
EXTENT AND IN THE MANNER PROVIDED IN THE COMPACT;
7. TO BRING AND PROSECUTE LEGAL PROCEEDINGS OR ACTIONS IN ITS
NAME AS THE COMMISSION; PROVIDED, THAT THE STANDING OF ANY STATE
INSURANCE DEPARTMENT TO SUE OR BE SUED UNDER APPLICABLE LAW SHALL NOT
BE AFFECTED;
8. TO ISSUE SUBPOENAS REQUIRING THE ATTENDANCE AND TESTIMONY OF
WITNESSES AND THE PRODUCTION OF EVIDENCE;
9. TO ESTABLISH AND MAINTAIN OFFICES;
10. TO PURCHASE AND MAINTAIN INSURANCE AND BONDS;
11. TO BORROW, ACCEPT, OR CONTRACT FOR SERVICES OR PERSONNEL,
INCLUDING EMPLOYEES OF A COMPACTING STATE;
12. TO HIRE EMPLOYEES, PROFESSIONALS, OR SPECIALISTS, AND ELECT OR
APPOINT OFFICERS AND TO FIX THEIR COMPENSATION, DEFINE THEIR DUTIES, GIVE
THEM APPROPRIATE AUTHORITY TO CARRY OUT THE PURPOSES OF THE COMPACT,
AND DETERMINE THEIR QUALIFICATIONS; AND TO ESTABLISH THE COMMISSION'S
PERSONNEL POLICIES AND PROGRAMS RELATING TO, AMONG OTHER THINGS,
CONFLICTS OF INTEREST, RATES OF COMPENSATION, AND QUALIFICATIONS OF
PERSONNEL;
13. TO ACCEPT ANY AND ALL APPROPRIATE DONATIONS AND GRANTS OF
MONEY, EQUIPMENT, SUPPLIES, MATERIALS, AND SERVICES, AND TO RECEIVE, USE,
AND DISPOSE OF THE SAME; PROVIDED THAT AT ALL TIMES THE COMMISSION SHALL
STRIVE TO AVOID ANY APPEARANCE OF IMPROPRIETY;
14. TO LEASE, PURCHASE, ACCEPT APPROPRIATE GIFTS OR DONATIONS OF,
OR OTHERWISE TO OWN, HOLD, IMPROVE, OR USE, ANY PROPERTY, REAL, PERSONAL,
OR MIXED; PROVIDED THAT AT ALL TIMES THE COMMISSION SHALL STRIVE TO AVOID
ANY APPEARANCE OF IMPROPRIETY;
15. TO SELL, CONVEY, MORTGAGE, PLEDGE, LEASE, EXCHANGE, ABANDON, OR
OTHERWISE DISPOSE OF ANY PROPERTY, REAL, PERSONAL, OR MIXED;
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