§ 7–704
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 7-704 (2026)
Title 7. Maryland Insurance Acquisitions Disclosure and Control Act
Subtitle 7. Transactions Within Insurance Holding Company Systems
§ 7–704LinkCopy Citation
A domestic insurer shall notify the Commissioner within 30 days after making any investment in one corporation if the total investment in the corporation by the domestic insurer’s insurance holding company system exceeds 10% of the corporation’s voting securities.