Section 7-302 - Compliance with subtitle required.
§ 7-302. Compliance with subtitle required.
With respect to a transaction subject to this subtitle, a person must comply with all requirements of this subtitle before the person:
(1) makes a tender offer for, invites tenders of, enters into an agreement to exchange securities for, or otherwise acquires any voting security or security convertible into voting security of a domestic insurer or of an insurance holding company controlling a domestic insurer; or
(2) makes an agreement to merge with or otherwise to acquire control of a domestic insurer or of an insurance holding company controlling a domestic insurer.
[An. Code 1957, art. 48A, § 494; 1995, ch. 36.]