1. (1) the criteria listed in § 6.5-301 of this subtitle; and

2. (2) whether the acquisition:

   1. (i) is equitable to enrollees, insureds, shareholders, and certificate holders, if any, of the transferor;
   2. (ii) is in compliance with Title 2, Subtitle 6 of the Corporations and Associations Article; and

   3. (iii) ensures that the transferee will possess surplus in an amount sufficient to:

      1. 1. comply with the surplus required under law; and
      2. 2. provide for the security of the transferee's certificate holders and policyholders.

In determining whether to approve an acquisition of a nonprofit health service plan or a nonprofit health maintenance organization, the Administration shall consider:

Added by Acts 1998, c. 123, § 1, eff. Oct. 1, 1998; Acts 1998, c. 124, § 1, eff. Oct. 1, 1998. Amended by Acts 2001, c. 701, § 1, eff. June 1, 2001; Acts 2015, c. 22, § 1, eff. April 14, 2015.