Maryland Statutes
§ 16-508
Maryland § 16-508
This text of Maryland § 16-508 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Insurance § 16-508 (2026).
Text
(a)This section applies to a determination of the benefits calculated under § 16-506 or § 16-507 of this subtitle for an annuity contract that allows an election to have annuity payments begin at optional maturity dates.
(b)The maturity date of an annuity contract described in subsection (a) of this section shall be deemed to be the latest date for which an election is allowed under the contract, but may not be later than the later of the contract anniversary immediately following the annuitant’s 70th birthday or the tenth anniversary of the contract.
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Bluebook (online)
Maryland § 16-508, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gin/16-508.