§ 16-401. Required provisions relating to grace periods, incontestability, misstatements of age...
West's Annotated Code of MarylandInsurance
MD Code, Insurance, § 16-401
§ 16-401. Required provisions relating to grace periods, incontestability, misstatements of age or sex, and dividends
(a) Except as otherwise provided in this section, an annuity contract or pure endowment contract may not be delivered or issued for delivery in the State unless it contains in substance each applicable provision required by §§ 16-402 through 16-407 of this subtitle.
(b) This section does not apply to:
(c) To the extent that a provision required by this subtitle does not apply to a single premium annuity contract or single premium pure endowment contract, the provision need not be included in the annuity contract or pure endowment contract.
Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997.
Formerly Art. 48A, § 402.
MD Code, Insurance, § 16-401, MD INSURANCE § 16-401
Current through all legislation from the 2022 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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