Maryland Code, INSURANCE 9-311
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Maryland Code, INSURANCE 9-311
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(a) The Corporation is subject to examination and regulation by the Commissioner.
(b) By March 30 of each year, the Board of Directors shall submit to the Commissioner a financial report for the preceding calendar year in the form that the Commissioner approves.