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Maryland Code

1

Stock Insurers and Mutual Insurers

State of Maryland

3-101Application of subtitle 3-102Construction with Corporations and Associations Article 3-103Formation of domestic insurers 3-104Approval of articles of incorporation and amendments to charter 3-105Solicitation of applications or premiums by prospective mutual insurer 3-106Qualifications for certificate to engage in insurance business 3-107Requirements for mutual insurers 3-108Engagement in additional kinds of insurance business 3-109Impairment of required minimum surplus of stock insurer 3-110Contingent liability of members 3-111Assessment of members with policies providing for contingent liability 3-112Determination and enforcement of assessment 3-113Issuance of nonassessable policies 3-114Issuance of participating and nonparticipating policies by domestic insurers 3-115Dividends 3-116Loans or advances to insurers 3-117Loans, advances, and guarantees of financial obligations of directors and officers 3-118Agreements to pay expenses of management 3-119Purchase and sale of equity securities of domestic stock insurers 3-120Conversion of stock insurer to mutual insurer 3-121Conversion of mutual insurer to stock insurer 3-121.1Reorganization of mutual insurers 3-122Consolidations, mergers, and share exchanges of stock insurers 3-123Consolidations and mergers of mutual insurers 3-123.1Formation of business combinations by mutual insurers 3-124Bulk reinsurance agreements by domestic stock insurers 3-125Bulk reinsurance agreements by domestic mutual insurers 3-126Changes in domicile of insurers 3-127Filing and registration requirements for sale of securities 3-128Solicitation of insurance business in other states