<?xml version='1.0' encoding='utf-8'?>
<section article="gsg" article_name="State Government" number="6.5-303" title_number="6.5" title_name="Attorney General -- Acquisition of Nonprofit Health Entities" subtitle_number="3" subtitle_name="Review Criteria and Penalties">
  <text>In determining whether to approve an acquisition of a nonprofit health service plan or a nonprofit health maintenance organization, the Administration shall consider:</text>
  <level label="1">
    <text>the criteria listed in § 6.5–301 of this subtitle; and</text>
  </level>
  <level label="2">
    <text>whether the acquisition:</text>
    <level label="i">
      <text>is equitable to enrollees, insureds, shareholders, and certificate holders, if any, of the transferor;</text>
    </level>
    <level label="ii">
      <text>is in compliance with Title 2, Subtitle 6 of the Corporations and Associations Article; and</text>
    </level>
    <level label="iii">
      <text>ensures that the transferee will possess surplus in an amount sufficient to:</text>
      <level label="1">
        <text>comply with the surplus required under law; and</text>
      </level>
      <level label="2">
        <text>provide for the security of the transferee’s certificate holders and policyholders.</text>
      </level>
    </level>
  </level>
</section>
