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Statutes Text

Article - Insurance




§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 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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