Md. Code, Insurance § 24-312
Md. Code, Insurance § 24-312
in effectThe Company may not:
(1) be converted to a mutual or stock company;
(2) be sold; or
(3) be dissolved.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin§ion=24-312&enactments=falseFetched: 10/17/2026