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, 1994
Volume 773, Page 2603   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

WILLIAM DONALD SCHAEFER, Governor

Ch. 551

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;

(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;

(VI) WITH REGARD TO ANY SECURITY CONNECTED WITH AN
ACQUISITION DESCRIBED IN THIS SUBSECTION:

1.        THE NUMBER OF SHARES EACH ACQUIRING PARTY
PROPOSES TO ACQUIRE;

2.        THE TERMS OF THE OFFER, REQUEST, INVITATION,
AGREEMENT, OR ACQUISITION DESCRIBED IN THIS SUBSECTION; AND

3.        A STATEMENT AS TO THE METHOD BY WHICH THE
FAIRNESS OF THE PROPOSAL WAS DETERMINED;

[(vi)] (VII) 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;

[(vii)](VIII) 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;

(IX)    A DESCRIPTION OF THE PURCHASE OF ANY SECURITY
DESCRIBED IN THIS SUBSECTION DURING THE 12 CALENDAR MONTHS
IMMEDIATELY PRECEDING THE FILING OF THE STATEMENT BY AN ACQUIRING
PARTY, INCLUDING:

1.        THE DATES OF PURCHASE;

2.        THE NAMES OF THE PURCHASERS; AND

3.        THE CONSIDERATION PAID OR AGREED TO BE PAID;

(X)     A DESCRIPTION OF ANY RECOMMENDATIONS TO PURCHASE
ANY SECURITY DESCRIBED IN THIS SUBSECTION MADE DURING THE 12 CALENDAR
MONTHS IMMEDIATELY PRECEDING THE FILING OF THE STATEMENT BY:

1. AN ACQUIRING PARTY; OR
- 2603 -

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1994
Volume 773, Page 2603   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  October 11, 2023
Maryland State Archives