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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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INSURANCE |
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TITLE 8. ENTITIES THAT ACT AS INSURERS |
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SUBTITLE 4. FRATERNAL BENEFIT SOCIETIES |
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PART VI. ENFORCEMENT AND PENALTIES |
§ 8-463. Publication of information about examinations or investigations
Latest version.
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(a) Prohibited. -- Subject to subsection (b) of this section, during or after an examination or investigation of a domestic, foreign, or alien society, the Commissioner may not make public or allow to become public a financial statement, report, or finding that affects the status, standing, or rights of the society.
(b) Authorized. -- The Commissioner may make public or allow to become public a financial statement, report, or finding described in subsection (a) of this section after:
(1) a copy of the financial statement, report, or finding has been served on the society at its principal office; and
(2) the society has been given a reasonable opportunity to answer the financial statement, report, or finding.