Current with changes from the 2024 Legislative Session
Section 16-501 - Scope of subtitleThis subtitle does not apply to:
(2) a group annuity purchased under a retirement plan or deferred compensation plan established or maintained by an employer, including a partnership or sole proprietorship, or employee organization, or by both, other than a plan that provides individual retirement accounts or individual retirement annuities under § 408 of the Internal Revenue Code;(3) a premium deposit fund;(5) an investment annuity;(6) an immediate annuity;(7) a deferred annuity contract after annuity payments have begun;(8) a reversionary annuity; or(9) an annuity contract that is delivered outside the State through an insurance producer or other representative of the insurer issuing the contract.