# COMAR Title 31 — Maryland Insurance Administration

## Subtitle 12 — Health Maintenance Organizations; Entities That Act as Health Insurers

### Chapter 01 — Health Maintenance Organizations — Certificate of Authority and Fiscal Requirements

#### Regulation .05 Change of Ownership.

*COMAR 31.12.01.05*

The HMO shall notify the Commissioner within 10 days of any transfer of ownership or more than an aggregate of 10 percent of the stock or ownership interest in the HMO occurring during any 12-month period.