clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 1986
Volume 768, Page 3679   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

HARRY HUGHES, Governor

3679

of funds is a loan made in the lender's ordinary course of
business, if the person filing such statement so requests, the
name of the lender shall not be made available to the public
unless the Commissioner deems such disclosure to be in the public
interest;

[(iv)] (V) Any plans or proposals which such
persons may have to liquidate such insurer or insurance holding
company, to sell its assets or merge it with any person, or to
make any other major change in its business or corporate
structure or management;

[(v)] (VI) The amount of each class of voting
securities or securities which may be converted into voting
securities of such insurer which are beneficially owned, and the
amount of each class of voting securities or securities which may
be converted into voting securities of such insurer concerning
which there is a right to acquire beneficial ownership, by (1)
each such person and (2) by each affiliate of each such person,
giving the name and address of each such affiliate, together with
the dates, quantities and prices of sales and purchases of such
stock by each such person or affiliate within the last two
preceding years;

[(vi)] (VII) Information as to any contracts,
arrangements or understandings with any person with respect to
any securities of such insurer or insurance holding company,
including but not limited to transfer of any of the securities,
joint ventures, loan or option arrangements, puts or calls,
guarantees of loans, guarantees against loss or guarantees of
profits, division of losses or profits, or the giving or
withholding of proxies, naming the persons with whom such
contracts, arrangements or understandings have been entered into,
and giving the details thereof;

[(vii)] (VIII) The terms of any agreements with
any brokers, securities dealers, service organizations, or other
persons for soliciting of shares for tender; and

[(2)] (3) The time for disapproval including
extensions has elapsed or approval has been given by the
Commissioner as hereinafter provided.

(b) All requests or invitations for tenders or
advertisements making a tender offer or requesting or inviting
tenders of such voting securities of such insurer or insurance
holding company made by or on behalf of any such person, and a
copy of any such agreement to exchange or otherwise acquire
securities or to merge with or otherwise to acquire control of
such insurer or insurance holding company, shall be filed with
the Commissioner and at the same time sent to such insurer or
insurance holding company as a part of such statement and shall
contain such of the information contained in such statement as
the Commissioner may by rule or regulation prescribe. Copies of
any additional material soliciting or requesting such tender

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1986
Volume 768, Page 3679   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  November 18, 2025
Maryland State Archives