Maryland Code § IN-11-221

Section IN-11-221
Open in Lexace · Ask the AI about this section
(a) Each advisory organization shall file with the Commissioner:
(1) a copy of its constitution, articles of agreement or association, or
certificate of incorporation and its bylaws, rules, and regulations that govern its
activities;
(2) a list of its members;
(3) the name and address of a resident of the State on whom may be
served notices or orders of the Commissioner or process issued at the direction of the
Commissioner; and
(4) an agreement that the Commissioner may examine the advisory
organization in accordance with § 11-225 of this subtitle.
(b) If, after a hearing, the Commissioner finds that the provision of
information or help by an advisory organization involves an act or practice that is
unfair, unreasonable, or otherwise inconsistent with this subtitle, the Commissioner
may issue a written order that specifies the ways in which the act or practice is unfair,
unreasonable, or otherwise inconsistent with this subtitle and requires that the act
or practice be discontinued.
(c) (1) An insurer that makes its own filings or a rating organization
may not support its filings by statistics or adopt rate making recommendations
provided to it by an advisory organization that has failed to comply with:
(i) this section; or
(ii) an order of the Commissioner issued under subsection (b)
of this section that involves the statistics or recommendations.

(2) If the Commissioner finds that an insurer or rating organization
has violated this subsection, the Commissioner may issue an order that requires that
the violation be discontinued.

‹ Prev All Maryland sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.