WILLIAM DONALD SCHAEFER, Governor Ch. 566
(5) THE DEBTS, CLAIMS, OBLIGATIONS, AND LIABILITIES OF THE
ASSOCIATION MAY NOT BE CONSIDERED TO BE A DEBT OF THE STATE OR
PLEDGE OF ITS CREDIT.
(6) THE RECORDS, REPORTS, AND COMMUNICATIONS OF THE
ASSOCIATION, THE GOVERNING COMMITTEE, THE COMMITTEES OF THE
ASSOCIATION AND THEIR REPRESENTATIVES, AGENTS, AND EMPLOYEES
SHALL NOT BE CONSIDERED PUBLIC DOCUMENTS.
478F.
[(1) The Commissioner shall have the right to review the
operations of the association. The Commissioner or any person
designated by him, shall have the power of visitation of and
examination into the operations and free access to all the books,
records, files, papers, and documents that relate to operations
of the association, and may summon, qualify and examine as
witnesses all persons having knowledge of such operations
including officers, agents or employees thereof. The reports and
communications of the inspection bureau, the association, and the
records of the governing committee shall not be considered public
documents.
(2) The Commissioner may require such reports from insurers
concerning risks insured under any program approved pursuant to
this subtitle as he shall deem necessary.
(3) In addition to any powers conferred upon him by this or
any other law, the Commissioner is authorized to do all things
necessary to enable the State and any insurer participating in
any program approved by the Commissioner to fully participate in
any federal program of reinsurance which may now be or hereafter
enacted for purposes of this subtitle.
(4) The Commissioner may determine whether the program of
operation provides reasonable access and marketing standards for
immediate binding of eligible risks, installment payment plans,
and establishing adequate marketing and service facilities in all
appropriate urban areas of this State. The Commissioner shall
also require the program of operation to implement procedures
whereby homeowner's insurance coverage becomes part of the
program of essential property insurance and homeowner's insurance
by developing, with the consultation of the governing committee,
homeowner's insurance contracts for urban areas.]
(1) THE COMMISSIONER SHALL PERFORM THE DUTIES AND EXERCISE
THE POWERS IMPOSED OR GRANTED UNDER THE PROVISIONS OF THIS
SUBTITLE OR ELSEWHERE IN THIS ARTICLE.
(2) THE COMMISSIONER SHALL HAVE THE SAME POWERS OVER THE
ASSOCIATION AS ARE GRANTED UNDER THE PROVISIONS OF THIS ARTICLE
WITH RESPECT TO AUTHORIZED DOMESTIC INSURERS.
- 3947 -
|