Legislation - SB0982

Authorizing a mutual insurance holding company to convert its mutual insurance holding company system to a mutual insurer on adoption and approval of a plan of conversion; and establishing certain requirements related to the plan of conversion and its submission to the Maryland Insurance Commissioner for approval.

Committees

Original:: Finance Click to view Recorded Media

Details

Cross-filed with: HB1616

Bill File Type: Regular

Effective Date(s): October 1, 2026

History

Legislation History
Chamber Senate Calendar Date 2/15/2026 Legislative Date 2/15/2026 Action First Reading Senate Rules Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Mutual Insurance Holding Companies - Conversion to Mutual Insurers Proceedings
Chamber Senate Calendar Date 3/20/2026 Legislative Date 3/20/2026 Action Rereferred to Finance Proceedings
Chamber Senate Calendar Date 3/23/2026 Legislative Date 3/23/2026 Action Hearing 3/26 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/15/2026	2/15/2026	First Reading Senate Rules
			Text - First - Mutual Insurance Holding Companies - Conversion to Mutual Insurers
Senate	3/20/2026	3/20/2026	Rereferred to Finance
Senate	3/23/2026	3/23/2026	Hearing 3/26 at 1:00 p.m.

File Code

Subjects

Statutes