There is a newer version of the Maryland Code
Maryland Insurance Section 25-307
§ 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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