2013 Maryland Code
INSURANCE
§ 7-302 - Compliance with subtitle required [Subject to amendment effective January 1, 2014; amended version follows this section].
§7-302.
With respect to a transaction subject to this subtitle, a person must comply with all requirements of this subtitle before the person:
(1) makes a tender offer for, invites tenders of, enters into an agreement to exchange securities for, or otherwise acquires any voting security or security convertible into voting security of a domestic insurer or of an insurance holding company controlling a domestic insurer; or
(2) makes an agreement to merge with or otherwise to acquire control of a domestic insurer or of an insurance holding company controlling a domestic insurer.
§ 7-302 - Compliance with subtitle required (Effective January 1, 2014)
With respect to a transaction subject to this subtitle, a person must comply with all requirements of this subtitle before the person:
(1) makes a tender offer for, invites tenders of, enters into an agreement to exchange securities for, or otherwise acquires any voting security or security convertible into voting security of a domestic insurer, or a person, including an insurance holding company, that controls a domestic insurer; or
(2) makes an agreement to merge with or otherwise to acquire control of a domestic insurer, or a person, including an insurance holding company, that controls a domestic insurer.
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