Consultants to Commissioner

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Sec. 38. (a) The commissioner may retain actuaries, investment experts, and other consultants that the commissioner determines to be necessary to:

(1) review the insurer's RBC plan or revised RBC plan;

(2) examine or analyze the assets, liabilities, and operations of the insurer; and

(3) formulate the corrective order with respect to the insurer.

(b) The reasonable costs and expenses relating to consultants shall be paid by the affected insurer or another party, as directed by the commissioner.

As added by P.L.186-1996, SEC.1.


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