Section 7-805 - Petitions for injunctive or other relief.

§ 7-805. Petitions for injunctive or other relief.
 

If a person acquires or offers to acquire stock of an insurer or of an insurance holding company in violation of Subtitle 3 of this title, the following persons may petition a court of competent jurisdiction in the State for injunctive and other appropriate relief: 

(1) the issuer of the stock; 

(2) a stockholder of the issuer; 

(3) if the issuer is an insurance holding company, a stockholder of a subsidiary that is an insurer; 

(4) a stockholder of the insurer; or 

(5) the Commissioner. 
 

[An. Code 1957, art. 48A, § 500; 1995, ch. 36.]