§ 7-302
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/md/insurance/7-302A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§7–302.
With respect to a transaction subject to this subtitle, a person must comply with all requirements of this subtitle before the person:
(1)makes a tender offer for, invites tenders of, enters into an agreement to exchange securities for, or otherwise acquires any voting security or security convertible into voting security of a domestic insurer, or a person, including an insurance holding company, that controls a domestic insurer; or
(2)makes an agreement to merge with or otherwise to acquire control of a domestic insurer, or a person, including an insurance holding company, that controls a domestic insurer.