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Session Laws, 1997
Volume 795, Page 778   View pdf image
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Ch. 35 1997 LAWS OF MARYLAND

(5) THE NUMBER OF COMPLAINTS RECEIVED FROM PERSONS
REGULATED BY THE COMMISSIONER;

(6) THE TOTAL NUMBER OF CASES, BY TYPE, OF INSURANCE FRAUD;

AND

(7) THE NUMBER AND PERCENTAGE OF CASES THAT RESULT IN THE
IMPOSITION OF CIVIL OR CRIMINAL PENALTIES.

REVISOR'S NOTE: This section formerly was Art. 48A, § 233AG.

The only changes are in style.

Defined terms: "Commissioner" § 1-101
"Fraud Division" § 2-401
"Insurance fraud" § 2-401
"Person" § 1-101

2-107. INSURANCE FRAUD DIVISION FUND.

(A) ESTABLISHED.

THERE IS AN INSURANCE FRAUD DIVISION FUND.

(B) PURPOSE.

THE PURPOSE OF THE FUND IS TO PAY ALL COSTS AND EXPENSES INCURRED
BY THE ADMINISTRATION RELATED TO THE OPERATION OF THE FRAUD DIVISION,
INCLUDING THE COSTS OF STATE EMPLOYEES SPECIFICALLY ASSIGNED TO THE
FRAUD DIVISION BY THE OFFICE OF THE ATTORNEY GENERAL AND DEPARTMENT
OF STATE POLICE

(C) COMPOSITION.

THE FUND SHALL CONSIST OF:

(1) THE FEES COLLECTED AND DEPOSITED IN THE FUND BY THE
COMMISSIONER UNDER § 6-202 OF THIS ARTICLE; AND

(2) INCOME FROM INVESTMENTS THAT THE STATE TREASURER MAKES
FOR THE FUND.

(D) COSTS AND EXPENSES OF FRAUD DIVISION.

(1) ALL COSTS AND EXPENSES OF THE FRAUD DIVISION SHALL BE
INCLUDED IN THE STATE BUDGET.

(2) EXPENDITURES FROM THE FUND TO COVER COSTS AND EXPENSES
OF THE FRAUD DIVISION MAY ONLY BE MADE:

(I) PURSUANT TO AN APPROPRIATION APPROVED BY THE
GENERAL ASSEMBLY IN THE ANNUAL STATE BUDGET; OR

(II) BY THE BUDGET AMENDMENT PROCEDURE PROVIDED FOR IN
§ 7-109 OF THE STATE FINANCE AND PROCUREMENT ARTICLE.

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Session Laws, 1997
Volume 795, Page 778   View pdf image
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