Maryland Statutes
§ 5-508
Maryland § 5-508
This text of Maryland § 5-508 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 § 5-508 (2026).
Text
(a)A life insurer may lend to its policyholder on the policy as collateral security an amount not exceeding the cash surrender value of the policy.
(b)A policy loan is an eligible reserve investment of a life insurer.
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Bluebook (online)
Maryland § 5-508, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gin/5-508.