Md. Code, Ins. § 25-307

Maryland · Maryland Code, Insurance · Status: effective

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Citation: Md. Code, Ins. § 25-307, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1780126
Permanent ID: ys:prov:1780126@1
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The Commissioner may: (1) require actuarial studies and audits to determine the financial solvency of each self-insurance group as often as the Commissioner desires; (2) assess each self-insurance group an annual amount of not more than $500 to be used for the actuarial studies and audits; and (3) require an annual report that may include payroll audit reports, summary loss reports, and quarterly financial statements.