§ 7-301 Scope of subtitle
§ 7-302 Compliance with subtitle required
§ 7-303 Pre-acquisition or pre-divestiture notification
§ 7-304 Statement
§ 7-305 Invitations for tenders and agreements
§ 7-306 Review of transactions by Commissioner
§ 7-307 Additional experts
§ 7-308 Effects of filing statement
§ 7-309 Failure to file statement or making unauthorized acquisition or divestiture

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Terms Used In Maryland Code > INSURANCE > Title 7 > Subtitle 3 - Acquisition of Control of Domestic Insurer or Insurance Holding Company

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • including: means includes or including by way of illustration and not by way of limitation. See
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • minor: means an individual under the age of 18 years. See
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
  • registered mail: include the uses, procedures, and fees of the United States Postal Service;

    (2) "certified mail" includes "registered mail"; and

    (3) "registered mail" includes "certified mail". See
  • Service of process: The service of writs or summonses to the appropriate party.
  • state: means :

    (1) a state, possession, territory, or commonwealth of the United States; or

    (2) the District of Columbia. See