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Statutes Text

Article - Insurance




§25–307.

    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.



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