(a) The Corporation is subject to examination and regulation by the Commissioner.
(b) By May 1 of each year, the Board of Directors shall submit to the Commissioner:
(1) a financial report for the preceding calendar year in the form that the Commissioner approves; and
(2) a report of its activities during the preceding calendar year.
Structure Maryland Statutes
Subtitle 4 - Life and Health Insurance Guaranty Corporation Act
Section 9-402 - Purpose of Subtitle
Section 9-403 - Scope of Subtitle
Section 9-406 - Board of Directors
Section 9-407 - Powers and Duties of Corporation
Section 9-407.1 - Assumption of Reinsurance Contracts
Section 9-408 - Additional Powers of Corporation
Section 9-410 - Plan of Operation
Section 9-411 - Duties and Powers of Commissioner; Judicial Review; Notice of Effect of Subtitle
Section 9-412 - Detection and Prevention of Insurer Impairments
Section 9-413 - Special Deputy
Section 9-414 - Miscellaneous Provisions
Section 9-415 - Examination and Regulation; Financial Report
Section 9-416 - Exemption From Payment of Fees and Taxes
Section 9-417 - Immunity From Liability