Volume 793, Page 963 View pdf image |
PARRIS N. GLENDENING, Governor Ch. 36 (II) INVESTMENTS IN STOCK OF OTHER INSURERS. (B) ACQUISITION OF REAL PROPERTY. AN INSURER MAY NOT ACQUIRE THE KIND OF REAL PROPERTY SPECIFIED IN § REVISOR'S NOTE: This section is new language derived without substantive Defined terms: "Insurer" § 1-101 5-607. INVESTMENT REQUIREMENTS. (A) MINIMUM REQUIREMENTS. BEFORE INVESTING IN OTHER CLASSES OF SECURITIES OR TYPES OF (B) AUTHORIZED INVESTMENTS. (1) SUBJECT TO PARAGRAPH (2) OF THIS SUBSECTION, THE (I) BONDS OR OTHER EVIDENCES OF INDEBTEDNESS OF THE (II) BONDS OR OTHER EVIDENCES OF INDEBTEDNESS THAT ARE (III) BONDS OR OTHER EVIDENCES OF INDEBTEDNESS THAT ARE (IV) MORTGAGE LOANS OR DEEDS OF TRUST, AS SPECIFIED IN § (V) GROUND RENTS AS SPECIFIED IN § 5-608(M) OF THIS SUBTITLE. (2) AT LEAST 60% OF THE TOTAL AMOUNT OF THE REQUIRED MINIMUM (C) LIENS. - 963 -
|
||||
Volume 793, Page 963 View pdf image |
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.