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Section 2-107 - Conflicts of Interest — Maryland Law | CourtGPT
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  7. Section 2-107 - Conflicts of Interest
Maryland Legal Code

Section 2-107 - Conflicts of Interest

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(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.