Unannotated Code of Maryland (Last Updated: May 16, 2014) |
INSURANCE |
TITLE 7. MARYLAND INSURANCE ACQUISITIONS DISCLOSURE AND CONTROL ACT |
SUBTITLE 7. TRANSACTIONS WITHIN INSURANCE HOLDING COMPANY SYSTEMS |
§ 7-701. Effect of subtitle
Latest version.
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(a) Applicability. -- This subtitle applies to insurers that are subject to registration under Subtitle 6 of this title.
(b) Limitations. -- This subtitle does not authorize an insurer that is a member of an insurance holding company system to enter into a transaction that otherwise would be contrary to law for an insurer that is not a member of the same insurance holding company system.