Section 7-704 - Notice to Commissioner of investment in one corporation. - Maryland Statutes

§ 7-704. Notice to Commissioner of investment in one corporation.
 

A domestic insurer shall notify the Commissioner within 30 days after making any investment in one corporation if the total investment in the corporation by the domestic insurer's insurance holding company system exceeds 10% of the corporation's voting securities. 
 

[An. Code 1957, art. 48A, § 496; 1995, ch. 36.]