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SB 982

Maryland Senate bill in Session 2026.

Status: enacted. Latest action: June 20, 2026.

Mutual Insurance Holding Companies - Conversion to Mutual Insurers.

Bill ID MD-2026-SB-982
Session 2026
Status enacted
Committee Finance; Judiciary
Senate enacted 2026-06-20
Summary

Authorizing a mutual insurance holding company to convert its mutual insurance holding company system to a mutual insurer on adoption and approval of a plan of conversion; and establishing certain requirements related to the plan of conversion and its submission to the Maryland Insurance Commissioner for approval.

Sponsor
Senator McCray
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-02-15 Introduced Bill introduced
2026-06-20 Status enacted
2026-06-20 Latest Action Approved by the Governor - Chapter 687
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