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Session Laws, 1995
Volume 793, Page 751   View pdf image
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PARRIS N. GLENDENING, Governor                                   Ch. 36

(C)     ACTUARY AND ASSISTANT ACTUARIES.

(1)      THE COMMISSIONER SHALL APPOINT AN ACTUARY.

(2)      THE COMMISSIONER MAY APPOINT ASSISTANT ACTUARIES.

(3)      THE ACTUARY AND ASSISTANT ACTUARIES SHALL:

(I)       PERFORM THE ACTUARIAL DUTIES OF THE ADMINISTRATION;

(II)     EXAMINE OR HELP TO EXAMINE INSURERS; AND

(III)    PERFORM ANY OTHER DUTIES THAT THE COMMISSIONER
ASSIGNS.

(D)     CHIEF EXAMINER AND ASSISTANT EXAMINERS.

(1)      THE COMMISSIONER SHALL APPOINT A CHIEF EXAMINER.

(2)      THE COMMISSIONER MAY APPOINT ASSISTANT EXAMINERS.

(3)      THE CHIEF EXAMINER AND ASSISTANT EXAMINERS SHALL EXAMINE
OR HELP TO EXAMINE INSURERS AND OTHER PERSONS SUBJECT TO EXAMINATION
UNDER THIS ARTICLE.

(E)     AUDITOR AND EXAMINER.

(1)      THE COMMISSIONER SHALL APPOINT AN AUDITOR AND EXAMINER
FOR THE ADMINISTRATION.

(2)      THE AUDITOR AND EXAMINER SHALL:

(I)       EXAMINE AND AUDIT THE ANNUAL STATEMENTS OF ALL
AUTHORIZED INSURERS;

(II)     EXAMINE AND AUDIT THE BOOKS, ACCOUNTS, AND AFFAIRS
OF THE ADMINISTRATION; AND

(III)    PERFORM ANY OTHER AUDITING THAT THE COMMISSIONER
DIRECTS.

(F)      FIELD INVESTIGATORS.

(1)      THE COMMISSIONER MAY APPOINT FIELD INVESTIGATORS.

(2)      AS DIRECTED BY THE COMMISSIONER, THE FIELD INVESTIGATORS
SHALL INVESTIGATE, IN THE STATE, VIOLATIONS OR ALLEGED VIOLATIONS OF THIS
ARTICLE.

(G)     LEGAL REPRESENTATION.

(1)      THE ADMINISTRATION SHALL BE REPRESENTED BY THE OFFICE OF
THE ATTORNEY GENERAL.

(2)      THE ADMINISTRATION SHALL HAVE:

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Session Laws, 1995
Volume 793, Page 751   View pdf image
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