{"data":{"id":"us-md/md.-code-insurance-7-406","jurisdiction":"us-md","citation":"Md. Code, Insurance § 7–406","heading":"","body":"A person required to file a pre-acquisition notification under this subtitle or Subtitle 3 of this title that fails to file the notification and that also fails to demonstrate a good faith effort to comply with the filing requirement is subject to a penalty not exceeding $50,000.","path":["Article - Insurance"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin\u0026section=7-406","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:28Z","sha256":"483bdf6f2c88dac609a38a4b6d255441c619ec3212e6deea11462e85c44011f6","source_id":"us-md","stale":false,"prev":"us-md/md.-code-insurance-7-405","next":"us-md/md.-code-insurance-7-501"},"notice":"GroundRules: Original legal text. Not legal advice."}