PARRIS N. GLENDENING, Governor                               Ch. 36

(1)     A PERSON THAT IS SUBJECT TO THE JURISDICTION OF THE COURTS
OF THE STATE UNDER SUBSECTION (A)(1) OF THIS SECTION IS DEEMED TO APPOINT
THE COMMISSIONER AS ATTORNEY FOR SERVICE OF PROCESS IN ANY PROCEEDING
ARISING OUT OF A VIOLATION OF THIS SUBTITLE.

(2)     COPIES OF ALL PROCESS SHALL BE SERVED ON THE COMMISSIONER.

(3)     THE COMMISSIONER SHALL SEND A COPY OF THE PROCESS BY
REGISTERED MAIL TO THE PERSON AT THE PERSON'S LAST KNOWN ADDRESS.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 494(i).

In subsection (b)(1) of this section, the former words "true and lawful", which
modified "attorney", are deleted as surplusage.

In subsection (b)(3) of this section, the former reference to "certified mail" is
deleted as unnecessary. Art. 1, § 20 states that "registered mail" includes
"certified mail".

Defined terms: "Commissioner" § 1-101
"Person" § 1-101

7-309. FAILURE TO FILE STATEMENT OR MAKING UNAUTHORIZED ACQUISITION.

A PERSON VIOLATES THIS TITLE IF:

(1)     THE PERSON FAILS TO FILE THE STATEMENT REQUIRED BY THIS
SUBTITLE; OR

(2)     THE PERSON, WITHOUT THE COMMISSIONER'S APPROVAL DURING
THE 60-DAY PERIOD UNDER § 7-306(A) OF THIS SUBTITLE, OR AFTER THE
COMMISSIONER'S DISAPPROVAL, MAKES OR ATTEMPTS TO MAKE AN ACQUISITION
OF ACTUAL OR PRESUMED CONTROL OF OR A MERGER WITH A DOMESTIC INSURER
OR INSURANCE HOLDING COMPANY CONTROLLING A DOMESTIC INSURER.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 494(h).

Defined terms: "Commissioner" § 1-101
"Control" § 1-101
"Domestic insurer" § 1-101
"Insurance holding company" § 7-101
"Person" § 1-101

- 1039 -