Md. Code, Insurance § 2-107
This is the official text of Md. Code, Insurance § 2-107, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§2–107.
Official statutory text
(a) Except as provided in subsection (b) of this section, the Commissioner or a deputy, examiner, assistant, or employee of the Commissioner may not be financially interested in an insurer, insurance agency, or insurance transaction, other than as a policyholder or claimant under a policy.
(b) The Commissioner may employ or retain an actuary, attorney, or other technician who is similarly employed or retained by insurers or other persons if the individual:
(1) is independently practicing the profession of the individual; and
(2) does not have a conflict of interest in the matter for which the individual is employed or retained.
(b) The Commissioner may employ or retain an actuary, attorney, or other technician who is similarly employed or retained by insurers or other persons if the individual:
(1) is independently practicing the profession of the individual; and
(2) does not have a conflict of interest in the matter for which the individual is employed or retained.
Status: in_force · Read it on the official government site
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