When advisable to determine compliance with this article, the Commissioner may examine the accounts, records, documents, and transactions that relate to the insurance affairs or proposed insurance affairs of: (1) an insurance producer, surplus lines broker, general agent, adjuster, public adjuster, or adviser; (2) a person with the exclusive or dominant right under a contract to manage or control an insurer; (3) a person that, for the purpose of controlling the management of a domestic insurer, holds the shares of voting stock or policyholder proxies of the domestic insurer as voting trustee or otherwise; or (4) a person engaged in, proposing to engage in, or helping in the promotion or formation of: (i) a domestic insurer or insurance holding corporation; or (ii) a corporation to finance a domestic insurer or the production of its business.
‹ 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.