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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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INSURANCE |
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TITLE 9. IMPAIRED ENTITIES |
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SUBTITLE 2. LIQUIDATION, REHABILITATION, REORGANIZATION, AND CONSERVATION |
§ 9-208. Persons subject to delinquency proceedings
Latest version.
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A delinquency proceeding may be brought against:
(1) an insurer that is doing or has done insurance business in the State and against whom claims arising from that insurance business may exist now or in the future;
(2) a person that purports to do insurance business in the State;
(3) an insurer that has insureds resident or located in the State;
(4) a person organized, or in the process of organizing, with intent to do insurance business in the State;
(5) a corporation that operates a nonprofit health service plan under Title 14, Subtitle 1 of this article; and
(6) a person that does, or has done, any of the acts of an insurance business specified in § 4-205 of this article.