# Insurance (GIN)

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

### Subtitle 3. Acquisition of Control of Domestic Insurer or Insurance Holding Company

#### Section 7-309

A person violates this title if:

(1) the person fails to file the statement required by this subtitle;

(2) without the Commissioner's approval during the 60-day period under Sec. 7-306(a) of this subtitle, or after the Commissioner's disapproval, the person makes or attempts to make an acquisition of actual or presumed control of, or a merger with, a domestic insurer or a person, including an insurance holding company, that controls a domestic insurer; or

(3) without the Commissioner's approval during the 30-day period under Sec. 7-303(d) of this subtitle, or after the Commissioner's disapproval, the person divests or attempts to divest actual or presumed control of a domestic insurer or a person, including an insurance holding company, that controls a domestic insurer.

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