Md. Code Regs. 31.08.09.12

Current through Register Vol. 51, No. 24, December 2, 2024

Section 31.08.09.12 - Fiscal Examinations

A. The Commissioner may make an examination of the affairs, transactions, records, and assets of any group as often as the Commissioner deems necessary to determine the group's financial solvency and for the protection of the interest of the people of Maryland, but the examination may not be less frequent than once every 5 years.

B. Each group shall pay to the Commissioner an annual sum of $500 to be used to defray the cost of examinations.