HB1616

Mutual Insurance Holding Companies - Conversion to Mutual Insurers

Authorizing a mutual insurance holding company that, directly or indirectly, owns 100% of the capital stock of a reorganized stock insurer to convert its mutual insurance holding company system to a mutual insurer on adoption and approval of a plan of conversion; and establishing certain requirements related to the plan of conversion and its submission to the Maryland Insurance Commissioner for approval.

1 bill selected

Basic Information

Status
Na
Session
2026 Regular Session
Type
Unknown
Cross-filed
SB0982

Links

LegiScan URL
View on LegiScan

Sponsors

Rogers