State Codes and Statutes

Statutes > Maryland > Insurance > Title-7 > Subtitle-7 > 7-701

§ 7-701. Effect of subtitle.
 

(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. 
 

[An. Code 1957, art. 48A, § 496; 1995, ch. 36; 2000, ch. 661.] 
 

State Codes and Statutes

Statutes > Maryland > Insurance > Title-7 > Subtitle-7 > 7-701

§ 7-701. Effect of subtitle.
 

(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. 
 

[An. Code 1957, art. 48A, § 496; 1995, ch. 36; 2000, ch. 661.] 
 


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > Insurance > Title-7 > Subtitle-7 > 7-701

§ 7-701. Effect of subtitle.
 

(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. 
 

[An. Code 1957, art. 48A, § 496; 1995, ch. 36; 2000, ch. 661.]