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§ 7-704. Notice to Commissioner of investment in corporation

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 7. Maryland Insurance Acquisitions Disclosure and Control Act (Refs & Annos)
Subtitle 7. Transactions Within Insurance Holding Company Systems (Refs & Annos)
MD Code, Insurance, § 7-704
§ 7-704. Notice to Commissioner of investment in corporation
Currentness
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.

Credits

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997.
Formerly Art. 48A, § 496.
MD Code, Insurance, § 7-704, MD INSURANCE § 7-704
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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