Maryland Statutes

§ 16-103

Maryland·Article gin Insurance·Title 16

A life insurer may not:

(1)issue or deliver in the State a policy of life insurance or an annuity contract that provides for the payment of an assessment by a policyholder or member in addition to the premium stated in the policy or annuity contract to be charged for the life insurance or annuity; or
(2)levy or collect an assessment prohibited by item (1) of this section.

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Nearby Sections

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