# Insurance (GIN)

## Title 7. Maryland Insurance Acquisitions Disclosure and Control Act

### Subtitle 2. Acquisitions and Investments -- in General

#### Section 7-203

(a)

  (1) Except as provided in subsection (b) of this section, within 3 years after a domestic insurer ends its control of a subsidiary, the domestic insurer shall dispose of all investments in the subsidiary that were made under Sec. 7-202 of this subtitle.

  (2) The Commissioner may extend the time for disposal of the investments.

(b) A domestic insurer is not required to dispose of an investment under subsection (a) of this section if, after the investment is made:

  (1) the investment meets the requirements for investment under another provision of this article; and

  (2) the domestic insurer notifies the Commissioner that the investment meets the other requirements.

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Md. Code Ann., Ins. (as displayed at mgaleg.maryland.gov, October 16, 2026)