Sec. 31.04.20.04. Market Conduct Action

A. Whenever the Commissioner has the authority to conduct an analysis, examination, or investigation of a person's business practices, the Commissioner may conduct a market conduct action.

B. The Commissioner may conduct a market conduct action:

(1) Based on a complaint;

(2) As authorized by law;

(3) Whenever the Commissioner considers it is advisable; or

(4) With other states.

C. If the Commissioner determines information is needed from a person to conduct a market conduct action, in accordance with Regulation .05 of this chapter:

(1) The Commissioner shall request the information; and

(2) The person shall provide the information.

D. The Commissioner may participate in a market conduct action with one or more other states to determine if a Maryland law has been violated by the person subject to the market conduct action.