# COMAR Title 31 — Maryland Insurance Administration

## Subtitle 04 — Insurers

### Chapter 17 — Filing of Forms for Approval

#### Regulation .16 Use of Dividends.

*COMAR 31.04.17.16*

In a participating life insurance policy or certificate, if dividends may be used to purchase additional term or paid-up insurance, the policy shall specify the basis of the maximum charge for the purchase of this insurance.