Maryland State Government Section 6.5-303

      In determining whether to approve an acquisition of a nonprofit health service plan or a nonprofit health maintenance organization, the Administration shall consider:

            (1)      the criteria listed in § 6.5-301 of this subtitle; and

            (2)      whether the acquisition:

                  (i)      is equitable to enrollees, insureds, shareholders, and certificate holders, if any, of the transferor;

                  (ii)      is in compliance with Title 2, Subtitle 6 of the Corporations and Associations Article;

                  (iii)      ensures that the transferee will possess surplus in an amount sufficient to:

                        1.      comply with the surplus required under law; and

                        2.      provide for the security of the transferee's certificate holders and policyholders.