§ 16–103
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 16-103 (2026)
Title 16. Life Insurance and Annuities
Subtitle 1. General Provisions
§ 16–103LinkCopy Citation
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.