Md. Code, Insurance § 16-501
This is the official text of Md. Code, Insurance § 16-501, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§16–501.
Official statutory text
This subtitle does not apply to:
(1) reinsurance;
(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;
(4) a variable annuity;
(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.
(1) reinsurance;
(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;
(4) a variable annuity;
(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.
Status: in_force · Read it on the official government site
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