{"data":{"id":"us-md/md.-code-insurance-5-606","jurisdiction":"us-md","citation":"Md. Code, Insurance § 5–606","heading":"","body":"(a) (1) Except as otherwise specifically provided in this subtitle, an insurer may not have more than 10% of its total admitted assets invested in or lent on the securities of one person.\n(2) Paragraph (1) of this subsection does not apply to:\n(i) the classes of governmental obligations eligible for minimum capital investments of the insurer, including those obligations eligible under § 5-608(l) of this subtitle; or\n(ii) investments in stock of other insurers.\n(b) An insurer may not acquire the kind of real property specified in § 5-608(n)(1)(i) and (ii) of this subtitle if the value of the real property, plus the value of all of the real property then held by the insurer, exceeds 10% of the insurer’s total admitted assets.","path":["Article - Insurance"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin\u0026section=5-606","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:28Z","sha256":"398d60e3f0d8ca44c7e0092229a610ae04e0df581ad39307fc0e218c375b08a4","source_id":"us-md","stale":false,"prev":"us-md/md.-code-insurance-5-605","next":"us-md/md.-code-insurance-5-607"},"notice":"GroundRules: Original legal text. Not legal advice."}
