There is a newer version of the Maryland Code
2013 Maryland Code
INSURANCE
§ 8-406 - Retention of powers by existing incorporated societies
MD Ins Code § 8-406 (2013) What's This?
§8-406.
(a) An incorporated society authorized to transact insurance business in the State on December 31, 1963, may exercise all the rights, powers, and privileges prescribed in this subtitle and in the charter or articles of incorporation of the society to the extent consistent with this subtitle.
(b) A domestic society is not required to reincorporate.
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