Maryland Statutes
Subtitle 2 - Liquidation, Rehabilitation, Reorganization, and Conservation
Section 9-230 - Cooperation With Commissioner Required; Penalties

(a)    This section may not be construed to abridge otherwise existing legal rights, including the right to resist a petition for liquidation, other delinquency proceedings, or other orders.
    (b)    In a delinquency proceeding or in an investigation preliminary to the delinquency proceeding, an officer, manager, director, trustee, owner, employee, or agent of an insurer, another person with authority over any part of the affairs of the insurer, or a person that exercises control directly or indirectly over an activity of the insurer through a holding company or other affiliate of the insurer shall:
        (1)    reply promptly in writing to an inquiry from the Commissioner in which the Commissioner requests a written reply;
        (2)    make available to the Commissioner any accounts, books, documents, information, records, or property of or relating to the insurer that is in the control, custody, or possession of the person; and
        (3)    otherwise cooperate with the Commissioner.
    (c)    A person may not obstruct or interfere with the Commissioner in the conduct of a delinquency proceeding or in an investigation preliminary or incidental to the delinquency proceeding.
    (d)    An officer, manager, director, trustee, owner, employee, or agent of an insurer, another person with authority over any part of the affairs of the insurer, or a person that exercises control directly or indirectly over an activity of the insurer through a holding company or other affiliate of the insurer may not fail to cooperate with the Commissioner under subsection (b) of this section, obstruct or interfere with the Commissioner in the conduct of a delinquency proceeding or in an investigation preliminary or incidental to a delinquency proceeding, or violate an order of the Commissioner issued under this subtitle.
    (e)    (1)    A person that violates subsection (d) of this section is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $10,000 or imprisonment not exceeding 1 year or both.
        (2)    After a hearing before the Commissioner, a person that violates subsection (d) of this section is subject to a civil penalty not exceeding $10,000 and to the revocation or suspension of any insurance license issued by the Commissioner.

Structure Maryland Statutes

Maryland Statutes

Insurance

Title 9 - Impaired Entities

Subtitle 2 - Liquidation, Rehabilitation, Reorganization, and Conservation

Section 9-201 - Definitions

Section 9-202 - Uniform Insurers Liquidation Act

Section 9-203 - Scope of Subtitle

Section 9-204 - Exclusiveness of Remedy

Section 9-205 - Immunity From Liability

Section 9-206 - Fees and Costs

Section 9-207 - Appointment of Staff

Section 9-208 - Persons Subject to Delinquency Proceedings

Section 9-209 - Jurisdiction and Venue

Section 9-210 - Commencement of Delinquency Proceedings

Section 9-211 - Grounds for Conservation, Rehabilitation, or Liquidation of Insurers

Section 9-212 - Orders to Rehabilitate, Liquidate, or Conserve Insurers

Section 9-213 - Appointed Receivers

Section 9-214 - Notice to Policyholders of Delinquency Proceeding

Section 9-215 - Seizure Orders; Injunctions

Section 9-216 - Appeals to Court of Special Appeals

Section 9-217 - Loans and Pledges of Assets

Section 9-218 - Administration of Assets of Domestic or Alien Insurers

Section 9-219 - Administration of Assets of Insurers Not Domiciled in State

Section 9-220 - Attachment or Garnishment of Assets

Section 9-221 - Voidable Transfers

Section 9-222 - Deposits

Section 9-223 - Limitations on Insurer Pending Repayment to Guaranty Associations

Section 9-224 - Disbursements of Assets to Guaranty Associations

Section 9-225 - Assessment of Members or Subscribers of Mutual or Reciprocal Insurers

Section 9-226 - Procedures for Filing Claims

Section 9-227 - Priority of Claims

Section 9-228 - Disposition of Claims

Section 9-229 - Offsets

Section 9-229.1 - Netting Agreements and Financial Contracts

Section 9-230 - Cooperation With Commissioner Required; Penalties

Section 9-231 - Notice of Impairment Required; Contributing to Impairment Prohibited; Penalties

Section 9-232 - Receipt of Premium After Insolvency