Maryland Code, Insurance § 7-309
Current as of December 31, 2021 | Updated by FindLaw Staff
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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 § 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 § 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.
Cite this article: FindLaw.com - Maryland Code, Insurance § 7-309 - last updated December 31, 2021 | https://codes.findlaw.com/md/insurance/md-code-insurance-sect-7-309/
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