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Session Laws, 1997
Volume 795, Page 3933   View pdf image
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PARRIS N. GLENDENING, Governor

Ch. 685

(e) Names of insurers against which delinquency or similar proceedings
were instituted, and a concise statement of the fact
s with respect to each such proceeding
and the status thereof;

(d)    (1) A list of the rulings and decisions made in cases before the
Administration in the prior fiscal year; AND

(2) A STATEMENT OF THE AMOUNT OF THE INSURANCE
REGULATION FEE DEPOSITED INTO THE INSURANCE REGULATION FUND;

(e)     A statement of all fees, taxes, and administrative fines and penalties
received by the Commissioner and deposited into the General Fund;

(f) Recommendations of the Commissioner as to:

(1) Amendments to laws affecting insurance; and

(2) Matters affecting the Administration; and

(g) Such other pertinent information and matters as the Commissioner
deems proper.

33.

The expense incurred in any examination made pursuant to § 30 of this article or
pur
suant to § 31 concerning surplus line brokers [and insurance holding corporations] or
pursuant to § 486B of this article concerning premium finance companies shall be paid for
by the person examined, as follows;

(1) Each person examined shall pay to the Commissioner the travel

expenses, living expense allowance, and a per diem as compensation of examiners,
actuaries and typists, to the extent incurred on account of the examination, all at
rea
sonable rates as established by the Commissioner;

(2)     A detailed account of the expense incurred may be presented to the
person examined periodically during the course of the examination or at the termination
of the examination, a
s the Commissioner deems proper.

(3)     No person shall pay and no examiner shall accept any additional
emolument on account of any examination.

[33A.

(a) All money received under §§ 33(i), 41(1), (2), (3), (4) and (16), and 194 of this
article shall be general funds of th
e State, except that money for travel expenses and
living expense
allowance received pursuant to § 33(i) of this article shall be held in a
special revolving fund by the Comptroller for the sole purpose of the payment of the costs

of examinations of insurance companies.

(b) The following moneys may not be considered general funds of the State and
shall be deposited in the Insurance Fraud Division Fund
;

(1)     Revenue derived from the annual fraud prevention fee under § 640B of
this article; and

- 3933 -

 

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Session Laws, 1997
Volume 795, Page 3933   View pdf image
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