Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 26.00 - Annual Financial Reporting For Years Ending 2010 And After
Section 26.18 - Conduct of Insurer in Connection with the Preparation of Required Reports and Documents
Current through Register 1531, September 27, 2024
(1) No director or officer of an insurer shall, directly or indirectly:
(2) No officer or director of an insurer, or any other person acting under the direction thereof, shall directly or indirectly take any action to coerce, manipulate, mislead or fraudulently influence any accountant engaged in the performance of an audit pursuant to 211 CMR 26.00 if that person knew or should have known that the action, if successful, could result in rendering the insurer's financial statements materially misleading.
(3) For purposes of 211 CMR 26.18(2), actions that, "if successful, could result in rendering the insurer's financial statements materially misleading" include, but are not limited to, actions taken at any time with respect to the professional engagement period to coerce, manipulate, mislead or fraudulently influence an accountant: