Md. Code, Insurance § 16-103
This is the official text of Md. Code, Insurance § 16-103, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§16–103.
Official statutory text
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.
(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.
Status: in_force · Read it on the official government site
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