US Laws, Codes, Statutes & Cases

      The expense incurred in an examination made under § 2-205 of this subtitle, § 2-206 of this subtitle for surplus lines brokers and insurance holding corporations, § 23-207 of this article for premium finance companies, § 15-10B-19 of this article for private review agents, or § 15-10B-20 of this article shall be paid by the person examined in the following manner:

            (1)      the person examined shall pay to the Commissioner the travel expenses, a living expense allowance, and a per diem as compensation for examiners, actuaries, and typists:

                  (i)      to the extent incurred for the examination; and

                  (ii)      at reasonable rates set by the Commissioner;

            (2)      the Commissioner may present a detailed account of expenses incurred to the person examined periodically during the examination or at the end of the examination, as the Commissioner considers proper; and

            (3)      a person may not pay and an examiner may not accept any compensation for an examination in addition to the compensation under paragraph (1) of this section.