§ 24-213
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/md/insurance/24-213A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§24–213.
(a)The Legislative Auditor shall conduct a fiscal and compliance audit of the accounts and transactions of the Society for each year in which the Society receives a disbursement from the Rate Stabilization Account under § 19–805 of this article.
(b)Within one year of the date of an audit report required under subsection
(a)of this section, the Legislative Auditor shall conduct a follow–up audit to determine the status of any audit recommendations.
(c)The Society shall pay the cost of each audit.