Maryland Statutes
§ 7-203
Maryland § 7-203
This text of Maryland § 7-203 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Insurance § 7-203 (2026).
Text
(a)(1) Except as provided in subsection (b) of this section, within 3 years after a domestic insurer ends its control of a subsidiary, the domestic insurer shall dispose of all investments in the subsidiary that were made under § 7-202 of this subtitle.
(2)The Commissioner may extend the time for disposal of the investments.
(b)A domestic insurer is not required to dispose of an investment under subsection (a) of this section if, after the investment is made:
(1)the investment meets the requirements for investment under another provision of this article; and
(2)the domestic insurer notifies the Commissioner that the investment meets the other requirements.
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Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 7-203, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gin/7-203.