PARRIS N. GLENDENING, Governor                              Ch. 685

2-208.

The expense incurred in an examination made under § 2-205 of this subtitle, §
2-206 of this subtitle for surplus lines brokers [and insurance holding corporations,] or §
23-207 of this article for premium finance companies shall be paid by the person
examined in the following manner:

(1) the person examined shall pay to the Commissioner the travel expenses,
a living expense allowance, and a per diem as compensation for examiners, actuaries, and
typists:

(i) to the extent incurred for the examination; and

(ii) at reasonable rates set by the Commissioner;

(2) the Commissioner may present a detailed account of expenses incurred
to the person examined periodically during the examination or at the end of the
examination, as the Commissioner considers proper; and

(3) a person may not pay and an examiner may not accept any compensation
for an examination in addition to the compensation under paragraph (1) of this section.

2-401.

(a) In this subtitle the following words have the meanings indicated.

(B) "ACCOUNT" MEANS THE INSURANCE FRAUD DIVISION ACCOUNT.

[(b)] (C) ''Fraud Division" means the Insurance Fraud Division in the
Administration.

[(e) "Fund means the Insurance Fraud Division Fund.]

(d) "Insurance fraud" means:

(1) a violation of Title 27, Subtitle 4 of this article;

(2) theft, as set out under Article 27, §§ 340 through 312 of the Code;

(i) from a person regulated under this article; or

(ii) by a person regulated under this article or an officer, director,
agent, or employee of a person regulated under this article; or

(3) any other fraudulent activity set out under Article 27 of the Code that is
committed by or against a person regulated under this article.

2-402.

(b) Funding for the Fraud Division shall be as provided in the State budget.

2-407.

(a) There is an Insurance Fraud Division [Fund] ACCOUNT.

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