§ 7–302
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 7-302 (2026)
Title 7. Maryland Insurance Acquisitions Disclosure and Control Act
Subtitle 3. Acquisition of Control of Domestic Insurer or Insurance Holding Company
§ 7–302LinkCopy Citation
With respect to a transaction subject to this subtitle, a person must comply with all requirements of this subtitle before the person:
(1)
makes a tender offer for, invites tenders of, enters into an agreement to exchange securities for, or otherwise acquires any voting security or security convertible into voting security of a domestic insurer, or a person, including an insurance holding company, that controls a domestic insurer; or
(2)
makes an agreement to merge with or otherwise to acquire control of a domestic insurer, or a person, including an insurance holding company, that controls a domestic insurer.