§ 7-401. Acquisitions subject to subtitle

Latest version.

Except as provided in § 7-402 of this subtitle, this subtitle applies to any acquisition, agreement, arrangement, or activity, including the acquisition of voting securities or assets, bulk reinsurance, and merger, that results in a person acquiring directly or indirectly the control of an authorized insurer.

HISTORY: An. Code 1957, art. 48A, § 494A; 1995, ch. 36.

                    
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