Statutes, codes, and regulations
Code of Maryland
Article - INSURANCETitle 5 - ASSETS, LIABILITIES, RESERVES, AND INVESTMENTS OF INSURERS
Subtitle 3 - STANDARD VALUATION LAW
Section 5-302 - Policies and contracts issued before operative date of Standard Nonforfeiture Law

Md. Code, Ins. § 5-302

Download
PDF
Current with changes from the 2024 Legislative Session
Section 5-302 - Policies and contracts issued before operative date of Standard Nonforfeiture Law

Except as otherwise provided in §§ 5-305 and 5-306 of this subtitle, the minimum standard for the valuation of a policy or contract issued before the operative date of the Maryland Standard Nonforfeiture Law for Life Insurance is the minimum standard provided by former Article 48A, § 83(2) of the Code in effect on September 30, 1997.

Md. Code, IN § 5-302