§ 6.5-303
Statutes in effect as of October 1, 2026.
Md. Code Ann., State Gov't § 6.5-303 (2026)
Title 6.5. Attorney General -- Acquisition of Nonprofit Health Entities
Subtitle 3. Review Criteria and Penalties
§ 6.5-303LinkCopy Citation
In determining whether to approve an acquisition of a nonprofit health service plan or a nonprofit health maintenance organization, the Administration shall consider:
(1)
the criteria listed in § 6.5–301 of this subtitle; and
(2)
whether the acquisition:
(i)
is equitable to enrollees, insureds, shareholders, and certificate holders, if any, of the transferor;
(ii)
is in compliance with Title 2, Subtitle 6 of the Corporations and Associations Article; and
(iii)
ensures that the transferee will possess surplus in an amount sufficient to:
(1)
comply with the surplus required under law; and
(2)
provide for the security of the transferee’s certificate holders and policyholders.