Maryland Code

Md. Code Ann., Ins. § 3-102 (2026)

§ 3-102

✓ current as of May 2026
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§3–102.

    (a)    Except as otherwise specifically provided in this article, each domestic insurer shall comply with the applicable provisions of the Corporations and Associations Article that relate to formation, powers vested in, and duties of corporations formed under the general provisions of the Corporations and Associations Article.

    (b)    Unless a class of corporations to which this subtitle applies is specifically included in a statute passed after December 31, 1963, a domestic insurer is only subject to regulation under this article.


Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2021–2021 · leading case: SNC-Lavalin Constructors, Inc. v. Tokio Marine Kiln Ins. Ltd. (D. Maryland 2021).
SNC-Lavalin Constructors, Inc. v. Tokio Marine Kiln Ins. Ltd. (D. Maryland 2021). “]”); Md. Code Ann., Ins. §§ 3-102 , 3-103 (indicating that mutual insurers are corporations under Maryland law); N.”
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