Sec. 31.04.10.02. Conformity to Federal Rule  


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  • Any beneficial owners, directors, or officers of the insurer satisfying the requirements of the U.S. Securities & Exchange Commission on insider trading (see SEC reg. 240.16b-1 et seq.) will be considered to have complied with the "insider" provisions and requirements of this chapter and of Insurance Article, §3-119(e), Annotated Code of Maryland.