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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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INSURANCE |
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TITLE 7. MARYLAND INSURANCE ACQUISITIONS DISCLOSURE AND CONTROL ACT |
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SUBTITLE 8. ENFORCEMENT |
§ 7-805. Petitions for injunctive or other relief [Subject to amendment effective January 1, 2014; amended version follows this section]
Latest version.
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If a person acquires or offers to acquire stock of an insurer or of an insurance holding company in violation of Subtitle 3 of this title, the following persons may petition a court of competent jurisdiction in the State for injunctive and other appropriate relief:
(1) the issuer of the stock;
(2) a stockholder of the issuer;
(3) if the issuer is an insurance holding company, a stockholder of a subsidiary that is an insurer;
(4) a stockholder of the insurer; or
(5) the Commissioner.